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, …

Continue reading

Banking for India’s Domestic Migrants

India’s 100 million strong domestic migrants contribute a whopping 10% of its GDP. As I covered in The Twentyfirst Century Kabuliwalas of India, domestic migrants are one of the missing links in India’s development. A key recommendation from a study commissioned by UK-based Overseas Development Institute is that migrants need dramatically improved access to market …

Continue reading