Five Platforms Transforming Lives Of Gig Workers

The gig economy has reshaped the way people work, offering flexibility, independence, and diverse benefits. Several innovative platforms are at the forefront of this transformation, empowering gig workers with tools to manage their finances and access critical services. From flexible loan to insurance options, these platforms are creating a more secure and inclusive ecosystem for the growing gig workforce.

Entitled Solutions

Founded in 2020 and headquartered in Mumbai, Entitled Solutions is an innovative B2B2C platform that enables businesses to provide solutions for the financial and healthcare needs of their low-income workforce, particularly gig and blue-collar workers. It offers a comprehensive range of tech-driven, impact-led products that currently address the needs of over 8,00,000  workers across the country through its partnerships with more than 60 top companies and gig-work platforms such as Quess, Swiggy, SIS, Domino’s, among many others. The company is backed by institutional investors like HDFC Bank, SIS Group, LetsVenture, IIMA Ventures and Sotheby’s and prolific angel investors including Nipun Sahni, Mohit Satyanand and Ashok Jaipuria among many other esteemed names.

Karmalife

KarmaLife is an AI-powered, digital solution for the financial well-being gig workers. The company was registered only in 2020. Today we serve over 2M+ blue collar and gig workers in India. KarmaLife empowers employers to provide gig workers with safe credit solutions, such as Earned Wage Access, offering financial flexibility and reducing stress. Our compliance-focused, secure services not only benefit your employees but also enhance your reputation as an employer who cares about financial well-being.

Refyne

Refyne’s one-stop platform enables your employee base to build financial resilience and nurture a favourable work culture. With their plug-and-play technology, employees can access their earned salary instead of opting for exploitative payday loans or other high-interest credit schemes. They were founded in 2020. Refyne partners with organisations to extend Salary On-Demand to their employees. They believe employers play a crucial role in their staff’s financial literacy plan, and providing employees access to their real-time earned salary promotes a stress-free and productive workforce.

FatakPay

FatakPay is a fintech platform providing credit to the masses. It is a quick, transparent and a secure way to manage your day to day needs. FatakPay guarantees a brilliant, quicker, and transparent transaction experience – without interest fees or hidden charges. Sign up in minutes, get your credit approved digitally, and proceed with any transaction securely anywhere using the FatakPay app. FatakPay was founded in 2021 by Amit Kumar Lodha, Ajit Kumar, Amit Kumar Goyal, and Abhishek Mahendra Gandhi.

Haqdarshak

Haqdarshak is a platform that links India's rural poor and micro businesses to the welfare services they need. Launched in 2016, it is a mobile technology platform that helps citizens and businesses locate and apply to government schemes and services that can help them. Since its inception, it has worked with more than 6.5 million families across 25 states in India to access the welfare programmes they need.