Based in Mumbai, India, Aavishkaar is an investment firm that has been working in the region for over 10 years. As much as SocialBusiness.org highlights the innovation social enterprises themselves, just as important are the countless incubators and supporters who are pushing these scalable initiatives forward in a sustainable way.
According to its website, Aavishkaar works in the following areas: financial inclusion (including microfinance), water and sanitation, technology, agriculture, energy as well as handicrafts.
Some of the investors include Bakkers Pensioenfonds, CDC Group, Cisco Systems, Goodwell Microfinance Development Company and National Bank for Agriculture and Rural Development.
If you're interested, take a look at our top list of social business incubators -- and expect an update in the near future that includes Aavishkaar.
Contact Information
Aavishkaar website
Inclusive Economic Development
Aavishkaar Invests in Rural Communities Through Entrepreneurs
Trend Themes
1. Financial Inclusion - Disruptive innovation opportunity: Develop innovative financial products and services that can reach underserved rural communities in India.
2. Agriculture Technology - Disruptive innovation opportunity: Create and implement cutting-edge technology solutions to improve productivity and efficiency in the agricultural sector.
3. Social Business Incubators - Disruptive innovation opportunity: Establish incubators and support networks to facilitate the growth of social enterprises in India.
Industry Implications
1. Microfinance - Disruptive innovation opportunity: Integrate technology to enhance accessibility and efficiency in delivering microfinance services to rural communities.
2. Water and Sanitation - Disruptive innovation opportunity: Develop sustainable and scalable solutions to provide clean water and sanitation facilities to rural areas in India.
3. Energy - Disruptive innovation opportunity: Promote renewable energy sources and develop affordable and efficient energy solutions for rural communities in India.