by Rapido, an Indian ride-hailing platform, has launched a new initiative called “Auto Dost” to empower its auto captains with micro-loans and family health insurance. The initiative is aimed at helping auto captains improve their financial and health security.
Under the Auto Dost initiative, Rapido will provide micro-loans to auto captains at competitive interest rates. The loans can be used by auto captains to meet their financial needs, such as medical expenses, education expenses, or business expenses. Rapido will also provide family health insurance to auto captains at a subsidized rate. The insurance will cover hospitalization expenses, doctor’s fees, and other medical expenses.
The Auto Dost initiative is a welcome move by Rapido. It will help auto captains improve their financial and health security, which will in turn help them to provide a better livelihood for their families.
Here are some of the benefits of the Auto Dost initiative:
- It will provide financial assistance to auto captains to meet their urgent needs.
- It will help auto captains to improve their health security by providing them with family health insurance.
- It will help auto captains to build their credit history, which will make it easier for them to access loans in the future.
- It will help auto captains to become more financially stable, which will lead to a better quality of life for them and their families.
The Auto Dost initiative is a win-win for both Rapido and its auto captains. Rapido will be able to attract and retain more auto captains, and auto captains will be able to improve their financial and health security. The initiative is a step in the right direction and it is likely to have a positive impact on the lives of auto captains in India.
