Fund Characteristics

The primary focus of the Fund was to provide financial assistance by way of equity or equity linked instruments (like convertible debentures, preference shares etc.) to companies with developmental impact in 8 Low Income States of India viz., Bihar, Uttar Pradesh, Madhya Pradesh, Odisha, Chhattisgarh, Jharkhand, Rajasthan and West Bengal. Further, these companies shall:

Be economically viable

Provide access to markets for the poor

Be socially relevant and impact the poor as customers, producers or employees

Increase the flow of capital to the above mentioned states

Focus on Environment, Social and Governance matters.

Focus Area

Water & Sanitation

Affordable Healthcare

Agriculture & Allied Activities

Clean Energy and Green Technologies

Financial Inclusion including MFIs/SFBs

Education and Skill Building

Livelihood Building