A look at LGT Venture Philanthropy’s India Investments

LGT Venture Philanthropy is the philanthropic / impact investor arm of Princely Family of Liechtenstein/LGT Group. LGT Group is the largest privately owned private banking and asset management group in Europe and the Family Office of the Princely Family of Liechtenstein. Until this morning, I didn’t know that Lichtenstein was even a country. Assuming that many of this blog’s …

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Dasra Social Impact: Executive Education for Cohort #7 of Social Entrepreneurs

Last month, we wrote about Chennai-based Villgro’s announcement of its new high-touch training program for social entrepreneurs. Dasra Social-Impact (DSI) is a grand daddy when it comes to “executive education for social entrepreneurs”. Six cohorts and 132 alumni later, DSI is now accepting applications for cohort #7. The application deadline is July 20, 2012 and, this time, looking to support 50 …

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Villgro launches high-touch training program for social entrepreneurs

Villgro, Chennai-based incubator and seed impact investor, announces the launch of a high-touch mentorship and training program (called SEED) for social entrepreneurs. They have crafted a 6-month program to address several complaints they’ve heard from entrepreneurs who’ve attended similar programs. The cohort size (at 10) is designed to be small, keeping in mind their key …

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Is Rangsutra the only recent Social Enterprise exit?

Put an impact investor on a panel at a social enterprise conference and you can be assured of at least two quotes. “There just aren’t enough quality social entrepreneurs” “The problem with the social enterprise ecosystem is that there are no exits” Social entrepreneurs (on similar panel discussions) would counter point #1 with “there just …

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Two bright lights in India’s Impact Investing Landscape

The two bright lights in India’s impact investing landscape are Harish Hande’s $10 million fund for sustainable energy enterprises and Khosla Impact. Sustainable Energy Fund Last month I finally got a chance to spend some time with Harish Hande at the SELCO office in JP Nagar, Bangalore. Our conversation ranged from ‘SELCO culture’ and non-English …

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India’s Social Enterprise Landscape – Findings from Intellecap Study

Another day. Another PDF (this time a 66-pager). Where’s my ‘Executive Summary’ hat?  Ah… there – I found it! At the recently concluded Sankalp Forum, Intellecap released a comprehensive study on India’s social enterprise sector. The most interesting subset was an online survey of 100 social enterprises followed by in-depth qualitative interviews with over 50 …

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This Week in Impact Investing

Aavishkar and Cisco Cisco announced that it will invest in Aavishkaar’s Aavishkar II fund – a Mauritius based US$120 million fund. The funding will be part of Cisco’s commitment to invest about $200 million of venture capital investments in India, of which almost half has been utilized. Aavishkaar II’s focus will be on rural India, specifically agriculture, …

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Color of money

A few weeks ago, I attended the two-day Unconvention 2011 – a social enterprise conference hosted by Villgro in Chennai. Nilima Achwal (Villgro Fellow) and I co-authored our conference report on the NextBillion blog – Villgro’s Unconvention 2011 – Key Takeaways. In social enterprise conferences, impact investing topics get a fair bit of air time and …

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India’s Largest Social Enterprise Creates India Inclusive Innovation Fund

(Lest you miss my tongue-in-cheek title, India’s Largest Social Enterprise = Indian Government) If you’ve been following Dr. Sam Pitroda’s movements, you’d know that he was appointed the Chairman of a newly formed National Innovation Council in Sep 2010. During his keynote at Sankalp Forum (May 2011), Pitroda announced the government’s intent to create a …

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