Proven. Powerful. Transformative.
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Revolutionizing Financial Inclusion:
How 60 Decibels’ Impact Assessment Unlocked the Potential of KarmaLife’s EWA Product

The Power of Financial Flexibility is essential for gig and blue-collar workers in India, many of whom live paycheck to paycheck. Unforeseen expenses can lead to financial instability, but KarmaLife’s Earned Wage Access (EWA) offers a solution by allowing workers to access their wages before payday. KarmaLife partnered with 60 Decibels, a respected impact measurement agency, to assess EWA's effectiveness. Their findings revealed that EWA not only enhances financial well-being and reduces stress but also empowers users by decreasing reliance on high-interest loans. Through surveys and interviews, the study highlighted the significant impact of timely access to earnings on financial security and planning, showcasing the potential for greater financial inclusion.
Mahakumbh 2025, amrit snan, prayagraj, temporary jobs, empowered, gig workers, gig economy, zepto in mahakumbh, blinkit, rapido and uber services in mahakumbh
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Mahakumbh 2025: A Boon for Gig Workers in Uttar Pradesh

The Mahakumbh 2025 is set to be a major economic driver, generating an estimated 1.2 million (12 lakh) gig and temporary jobs, benefiting over 8 lakh workers across multiple sectors. With over 40 crore pilgrims expected to attend, the demand for food delivery, transportation, accommodation, and local services will skyrocket, creating lucrative opportunities for gig workers in Uttar Pradesh. Platforms like Swiggy, Zomato, Ola, Uber, and Airbnb will see a surge in temporary workers, while local businesses and freelancers will thrive. The Mahakumbh gig economy not only highlights the growing role of seasonal gig work but also strengthens financial inclusion by providing flexible earning opportunities to both urban and rural workers. Read more on how Mahakumbh 2025 is shaping the gig economy in India. 🚀
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Union Budget 2025: A Game Changer for India’s Gig Economy

The Union Budget 2025 marks a turning point for India’s 7.7 million gig workers, offering long-overdue recognition and financial security. With the introduction of identity cards, mandatory e-Shram registration, and healthcare coverage under PM-JAY, the government is formalizing and empowering gig workers like never before. These reforms bring access to social security, financial inclusion, and better job opportunities, ensuring a more stable future for India’s growing gig workforce.
How financial credit is helping gig workers afford smartphones and appliances in 2024?
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How Flexible Credit is Helping Gig Workers Afford Smartphones and Appliances in 2024?

In 2024, the gig economy in India will continue to thrive, offering employment opportunities to millions of delivery partners, cab drivers, and service providers. However, with the rising cost of living and the increasing dependency on technology, gig workers often need help in purchasing essential items like smartphones and appliances. Flexible credit solutions, like those offered by KarmaLife in partnership with companies like Zepto and Zebrs, are proving to be a game-changer. These solutions empower gig workers to afford what they need to improve their lives and work efficiency without financial strain.
How Earned wage access is transforming the lives of india's gig workers
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How Earned Wage Access Is Transforming the Lives of India’s Delivery Partners?

In the rapidly expanding gig economy of India, delivery partners face unique financial challenges that can hinder their ability to thrive. Irregular incomes, unexpected expenses, and limited access to credit often leave them in precarious situations. Earned Wage Access (EWA) emerges as a transformative solution, enabling workers to access their earned wages on demand before payday. This innovative financial tool not only alleviates financial stress for delivery partners but also enhances their productivity and retention within companies. As platforms like KarmaLife introduce EWA, delivery workers are empowered to manage their finances better, ensuring they remain focused and motivated in their demanding roles. The growing popularity of quick commerce further emphasizes the need for EWA, making it an essential resource for both gig workers and the businesses that rely on them.
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Simplified Tax Filing for Gig Workers

Many gig workers are unaware they can claim TDS refunds by filing their ITRs. At KarmaLife, we stepped in this tax season with a solution that made tax filing easy and affordable. Through expert guidance and simplified processes, we helped workers get their refunds—improving their financial security. And we’re not stopping here. Our mission to financially empower gig workers continues.
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Global Fintech Fest

At the Global Fintech Fest, KarmaLife had the chance to present our vision to key players in the industry. It was incredibly rewarding to see our mission resonate with other leaders, and the event opened doors for potential partnerships to expand our impact.