TLDR:
India’s venture capitalists play a leading role in investing for impact, focusing on sectors such as climate tech, microfinance, and agrifood businesses. They seek to verify the impact they make by appointing independent verification services.
Summary:
India’s venture capitalists are making a difference in sectors like agrifood and microfinance, seeking to address structural inequalities while also ensuring financial returns for investors. They have attracted both domestic and foreign investors, with a focus on impact investing in emerging markets. Companies like Omnivore and Lok Capital are seeing success in their impact investments, prioritizing commercial returns alongside making a difference in the communities they invest in. These funds are now looking into verifying the impact they make with the help of independent verification services like BlueMark. Verification helps build trust with investors and ensures that funds are being used for their intended purpose. Overall, India’s impact VC funds are playing a critical role in impact investing, seeking both financial returns and positive social outcomes.
