Aavishkaar (Aavishkaar Venture Management Services)

Invests in early-stage social enterprises across multiple sectors to provide them capital and support

  • 80G
  • 12A
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About

  • Headquarters

    Mumbai, Maharashtra

  • Since

    2001

Aavishkaar means ‘invention’ in Hindi. It has over US$ 155 million under management and spans a range of sectors, namely agriculture, dairy, educ Read moreation, energy, handicrafts, health, water and sanitation, technology for development, microfinance and financial inclusion. Aavishkaar Frontier Fund takes Aavishkaar model of investing to neighbouring countries like Indonesia, Sri Lanka, Bangladesh and Pakistan. 10-year goal is to invest in 300 start-up companies across emerging economies with significant low-income populations, nurture latent local entrepreneurial talent, and promote enterprise-based development in these countries, thus helping them achieve sustainable and equitable economic growth. To achieve these goals, Aavishkaar aims to raise US$1.0 billion over the next ten years.

Demographies Served

Impact

Created Impact as follows: 135 MN clients served via portfolio companies. 22.4 MN people provided with water and sanitation services. 12.3 MN people provided with financial services. 11 MN+ farmers supported 6.6 MN people provided with essential services 580,000 jobs and livelihoods provided 160,000 MT waste recycled 2.3 MN MT Co2 emissions reduced

Programs

  • Structured Credit

    Aavishkaar Capital, known for its equity investments across seven funds, extends structured credit through its eighth Fund, the ESG First Fund, a USD 250 Million initiative in partnership with KFW. This fund addresses the capital requirements of resilient businesses in the Global South, offering financial support to those traditionally underserved by conventional financing channels. Our structured credit solutions empower such businesses, aligning with our overarching investment philosophy centered on ESG principles, risk management, and consistency.

    In an era increasingly characterized by environmental and social awareness, businesses are challenged to integrate financial objectives with social responsibility. The ESG First Fund serves as an impact credit fund tailored for the Global South, aiming to foster sustainable development by supporting companies that prioritize environmental and social considerations within their business strategies.

Leadership Team

  • Sohit Singh Anand

    Associate Director

  • Nazmal Karim

    Director

  • Darren Lobo

    Associate Director - Credit

  • Divya Gupta

    Director

  • Hari Krishnan

    Associate Director

  • Abhishek Mittal

    Partner - Credit

  • Ajay Maniar

    Partner

  • Vineet Rai

    Founder and Managing Partner

  • Shashvat Rai

    Managing Director

M&E

  • Internal, External Assessors

    No

Policies

  • Ethics and Transparency Policies

    No

  • Formal CEO Oversight & Compensation Policy

    No

Political & Religious Declarations

  • On Affiliation if any

    No

  • On Deployment Bias if any

    No

Registration Details

  • PAN Card

    AAFTA6981R

  • Registration ID

    U74140MH2006PTC160551

  • 12A

    AAFTA6981RE20214

  • 80G

    AAFTA6981RF20214

  • FCRA

    Not Available

  • CSR Registration Number

    Not Available

Location

  • Headquarters

    13B, 6th Floor, Techniplex II, IT Park, Off Veer Sarvarkar Fly Over, Goregaon West, Mumbai, 400062

    Directions
  • Offices in Cities

Other Details

  • Type & Sub Type

    For-profit
    Private Limited Company