M-Gullak

mobikwik-and-samagra-launch-m-gullak-for-urban-poor

Question: Recently Digital payments platform MobiKwik launched “M-Gullak” to promote the habit of savings among Urban poor with which of the following NGO?
(a) Samagra
(b) Akshaya Trust
(c) Smile Foundation
(d) Pratham
Ans: (a)
Related facts:

  • On 1 September 2016 Digital payments platform MobiKwik and Samagra, an NGO serving urban poor, on Thursday launched “M-Gullak” to promote the habit of savings among them.
  • M-Gullak will help urban poor become a part of India’s digital revolution.
  • “M-Gullak” will provide ICT-enabled mobile wallet platform that enables users save in very small amounts at various locations, recharge phones, buy digital goods and transfer to their bank accounts.
  • The initiative has first been launched in Pune and is expected to benefit 150,000 urban poor residents by the end of this year.
  • By early 2017, “M-Gullak” will be available for over 50 million users in Delhi and other metros.

Reference:
http://tech.firstpost.com/news-analysis/samagra-and-mobikwik-launch-m-gullak-for-the-urban-poor-332924.html
http://www.business-standard.com/article/companies/mobikwik-and-samagra-launch-m-gullak-for-urban-poor-116090100410_1.html
http://www.gizmodo.in/indiamodo/Mobikwik-Samagra-Launch-M-Gullak-For-Urban-Poor/articleshow/53962349.cms