The Executive Council shall provide strategic direction for IIC and create a vibrant environment for impact investing in India
Founded in 2001, Acumen operating out of Mumbai in India is a non-profit that raises charitable donations to invest in companies, leaders, and ideas that are changing the way the world tackles poverty. The donations are used to make patient long-term debt or equity investments in early-stage companies providing reliable and affordable access to agricultural inputs, quality education, clean energy, healthcare services, formal housing, and safe drinking water to low-income customers. Notable investments include Ziqitza, Lifespring, Visionspring and BASIX Krishi. Acumen has 5 offices in 5 different countries and their focus is on India, Pakistan, West Africa and East Africa.
Omidyar Network, based out of Mumbai in India invests in entrepreneurs who share their commitment to advancing social good. Their focus areas are Consumer Internet and Mobile, Education, Financial Inclusion, Governance & Citizen Engagement, and Property Rights. Omidyar Network employs a flexible capital model that includes impact investments alongside traditional grants. Notable investments and grants include HealthKart, Quikr, TeachforIndia and Intellegrow
Caspian Impact Investment Adviser (“Caspian”), based out of Hyderabad is an investment advisory firm that invests capital in socially responsible, multiple bottom line businesses delivering financial and social value. For 10 years, they have invested debt and equity capital into high quality companies in India, with the intention to generate social and environmental impact alongside a competitive financial return. Focus sectors include food & agriculture, small business finance, microfinance and affordable housing
Lok Capital based out of Delhi and Chennai, was launched at the end of 2000 with the support of a grant from the Rockefeller Foundation. Lok Capital defines itself as a hands-on financial investor with social performance goals and standards, dedicated to promoting financial and social inclusion through all its activities. Lok Capital manages two BoP funds with over $85mn under management dedicated to long term equity investing in enterprises serving BoP and not-for-profit.
Elevar, a global investor in in emerging economies like India, Mexico, Indonesia and the Philippines is based out of Bangalore in India. It backs extraordinary entrepreneurs who serve disconnected communities via innovative market-based solutions that provide valued services to millions of customers. Elevar manages 3 private equity funds and has backed 18 companies so far – at various stages of their growth. Their major investment themes thus far include: high growth commercial microcredit and community banking, remote payment services, small business credit, low-income housing services, rural healthcare and migrant worker services