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Can agri-based start-ups transform the rural economy?
Deborah Keller, Can agri-based start-ups transform the rural economy? 04 Jul 2017
Deborah Keller, 04 Jul 2017
Financial Services

Aavishkaar II raises US$ 94 million

Aavishkaar India II (Aavishkaar II), a venture fund focussed towards investing in underserved India achieved its final close at US $ 94 Million with lead investments coming from KFW (the German Development Bank), Impact Investment Trust and other institutional investors. Read more »

The India Social Entrepreneur of the Year Award 2013 has moved into its second phase

Teams from the Jubilant Bhartia Foundation, Schwab Foundation for Social Entrepreneurship and Start Up! have shortlisted 26 exciting and high-impact social ventures who have moved to round two of the Award process. The innovation and impact of their models is truly inspirational! Read more »

IIM Calcutta launches Incubation Unit with a focus on social entrepreneurship

Business Incubation Centres have been receiving increasing attention as a tool to promote entrepreneurship, both in the developed and developing countries. They have become an integral part of the business assistance framework to offer critical support to newly formed enterprises. Read more »

Marico Innovation Foundation adds eight more social enterprises to its Innovation Acceleration Portfolio

Marico Innovation Foundation has announced eight new Finalists for its Social Innovation Acceleration Programme 2013. These finalists, chosen at the kick-off session in Mumbai held last week consist of three for profit models and five not-for-profit/hybrid models across India. Read more »
Financial Services

Indian Angel Network launches IAN Impact for social enterprises

Indian Angel Network (IAN), a national network of angel investors investing in startups and early-stage ventures, has formed a sub-group called IAN Impact, which will focus on social enterprises addressing the problems of people living at the bottom of the pyramid. Read more »
Financial Services

Indian Angel Network makes first ever social venture investment

In an important step towards expanding their role to cover impact investments, Indian Angel Network today announced the setting up of IAN Impact, bringing angel investment to ventures which are serving the base of the economic pyramid. Read more »
Financial Services

Milaap Completes $1.1 million USD Series-A Funding Round

Milaap Social Ventures, South Asia’s leading, impact-focused fundraising platform, announced on Friday that it has raised an additional INR 6.6 crore (USD$1.1 million) in venture funding. Investors included Jungle Ventures,Toivo Annus, LionRock, Jayesh Parekh & Unitus Seed Fund. Milaap enables any one in the world to engage in microfinance by lending as little as $25 to India's working poor. Read more »

LGT Venture Philanthropy (LGT VP) is pleased to announce a new portfolio organization in India

Varthana has the potential to create a significant positive impact on the education of India’s poor. Over 100 million Indian children depend on low-cost private schools, however these schools have no access to funding from traditional financial or micro-finance institutions. And this is where Varthana comes in: by providing tailored loans and support to low-cost private schools. Varthana not only helps these schools to grow and expand, but also contributes to a high standard of quality education that is affordable to an increasing number of India‘s low income families Read more »

Announcing the IMC Inclusive Innovation Awards (2013), sponsored by R Jhunjhunwala Foundation

About The Award: The Indian Merchants’ Chamber (IMC) Inclusive Innovation Award, 2013 will recognize product or service innovations which are inclusive, capable of commercial exploitation, sustainable and scalable. The aim and objective of the Award is to recognize the contribution of such inclusive innovators, provide them mentoring support and to link them with entrepreneurs and fund providers to take their innovations to the market. Read more »
Financial Services

Gray Matters Capital invests in Unitus Capital

Impact investor Unitus Capital has raised an undisclosed sum from a consortium of investors, led by social venture capital firm Gray Matters Capital, the financial services provider to the base-of-the-pyramid population announced. Read more »