Aavishkaar Goodwell is a for-profit business development company that provides equity finance and hands-on support to entrepreneurial microfinance organizations in India on a socially and commercially sustainable basis. It aims to improve access to affordable financial services for millions of families in order to contribute to poverty alleviation and sustainable development. They help in scaling up entrepreneurial microfinance organizations in India and integrating them into the mainstream financial sector.
Commonwealth Development Corporation (CDC)
Founded in 1948, CDC is the UK's Development Finance Institution (DFI) wholly owned by the UK Government's Department for International Development (DFID). It is the world's oldest DFI with a history of making successful investments in businesses which have become industry leaders thereby having enormous impact on the private sector in their country and region as well as improving the lives of many, many individuals. CDC's mission is to support the building of businesses throughout Africa and South Asia, to create jobs and make a lasting difference to people's lives in some of the world's poorest places.
International Finance Corporation
IFC is a member of World Bank Group and supports microfinance by:
- Engaging in partnerships and collective investment vehicles
- Supporting commercial banks to extend their operations to the sector
- Providing innovative solutions to microfinance institutions, including local currency loans.
- Helping transform nonprofit and nongovernmental organizations into for-profit financial Intermediaries.
- Offering targeted advisory services
The Lok Capital initiative was launched at the end of 2000 with the support of a grant from the Rockefeller Foundation. Lok Capital means People's Capital. Lok Capital defines itself as a hands-on financial investor with social performance goals and standards, dedicated to promoting financial and social inclusion through all its activities. India was chosen as the Funds' first market for the Lok Capital initiative for two reasons. First, schemes intended to improve access to basic services for the poor have not proven to be greatly successful in India. There exists enormous potential for delivering commercially viable solutions to urban and rural poor. Second, the Lok Capital team has a deep understanding and working knowledge of India, including its complex regulatory environment and entrepreneurial culture. Lok Capital manages two BoP funds with over $85 mn under management. The funds are the central entity of the Lok group structure.
Norwegian Microfinance Initiative (NMI)
The Norwegian Microfinance Initiative (NMI) is a new and innovative strategic partnership between the Norwegian public and private sectors that invests in microfinance institutions in developing countries. It aims to contribute to the empowerment of poor people and to the creation of jobs, wealth and economic and social sustainability in developing countries by investing in and supporting Microfinance Institutions.
Faering Capital India Evolving Fund
Faering Capital India Evolving Fund specializes in growth capital investments in mid-cap companies. The fund seeks to invest in consumption-related, financial services, media, consumer, retail, internet, business services, technology, education, and healthcare companies based in India.
RBL Bank Limited
RBL Bank Limited is a banking company. The Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, agriculture finance and financial inclusion, treasury operations and other banking related activities. The Bank's segments include Corporate/Wholesale Banking, which includes lending, deposits and other banking services provided to corporate customers of the Bank; Retail Banking, which includes lending, deposits and other banking services provided to retail customers of the Bank through branch network or other approved delivery channels; Treasury, which includes investments, all financial markets activities undertaken on behalf of the Bank's customers, trading, maintenance of reserve requirements and resource mobilization from other Banks and financial Institutions, and Other Banking Operations segment, which includes para banking activities, such as Banc assurance and credit cards.
Jhelum Investment FUND
Jhelum Investment FUND is an investment-banking firm. The firm provides mergers, acquisitions, and capital raising advisory services. It offers services to corporations and private equity funds. Arpwood Capital Private Limited was founded in March 25, 2013 and is headquartered in Mumbai, India.
HDFC Ergo General Insurance Company Ltd
HDFC ERGO General Insurance Company is a 51:49 joint venture between the Housing Development Finance Corporation Ltd. (HDFC), India's premier Housing Finance Institution, and ERGO International AG the primary insurance entity of the Munich Re Group of Germany. The Company marked the first merger in the General Insurance sector in August 2017, with IRDAI's approval for the merger of HDFC ERGO General Insurance Co. Ltd. with HDFC General Insurance Ltd. (formerly Known as L&T General Insurance Co. Ltd.), and the merged entity, known as HDFC ERGO General Insurance Co. Ltd., is the third largest General Insurance provider in the private sector. HDFC ERGO offers products like Motor, Health, Travel, Home and Personal Accident Insurance in the retail space and customized products like Property, Marine and Liability Insurance in the corporate space through its vast network of 122 branches which is spread across 106 cities and a wide distribution network.
ICICI Prudential Life Insurance Company Limited
ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited. ICICI Prudential Life began its operations in fiscal year 2001 and has consistently been amongst the top players* in the Indian life insurance sector. Our Assets Under Management (AUM) as on 31st March 2018 were `1,395.3 billion and ICICI Prudential Life is also the first insurance company in India to be listed on NSE and BSE.
HDFC Standard Life Insurance Company Limited
HDFC Standard Life Insurance Company Limited ('HDFC Life' / 'Company') is a joint venture between HDFC Ltd., one of India's leading housing finance institution and Standard Life Aberdeen, a global investment company. Established in 2000, HDFC Life is a leading long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings, Investment and Health. As on Jun 30, 2018, the Company had 34 individual and 11 group products in its portfolio, along with 8 optional rider benefits, catering to a diverse range of customer needs. HDFC Life continues to benefit from its increased presence across the country having a wide reach with 413 branches and additional distribution touch-points through several new tie-ups and partnerships comprising 163 bancassurance partners including NBFCs, MFIs, SFBs, etc and 26 partnerships within non-traditional ecosystems. The Company has a strong base of financial consultants. In Fiscal 2012, The Company established a wholly-owned subsidiary, HDFC Pension Management Company Ltd., to operate its pension fund business under the National Pension Scheme (NPS). And in Fiscal 2016, the Company established its first international wholly-owned subsidiary in the UAE, HDFC International Life and Re Company Ltd., to operate its reinsurance business.
Shriram Life Insurance Company Limited
Shriram Life Insurance was incorporated in 2005 and it commenced business in 2006. Since the first year of operations, the company made profits in the first three consecutive years- becoming the only private life insurer to have achieved the distinction. Compared to industry peers after 7 years of operation, Shriram Life insurance was the most profitable life insurance company in the country. The company's performance stands out in efficient use of capital and low cost of operations. Life insurance arm of Shriram Group has carried forward the group philosophy of financial inclusion by penetrating the unexplored segments. Shriram Life has significantly focused on Inclusive growth by taking life insurance to the section where it is needed the most -The 'AAM AADMI' (Common Man).
Small Industries Development Bank of India (SIDBI)
Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for coordination of the functions of the institutions engaged in similar activities. The business strategy of SIDBI is to address the financial and non-financial gaps in MSME eco-system
Sustainability Finance Real Economies (SFRE)
Sustainability | Finance | Real Economies (SFRE) is an open-end investment fund initiated by the Global Alliance for Banking on Values (http://www.gabv.org/ ) and managed by Triodos Investment Management. It is committed to provide mission- aligned growth capital to values-based financial institutions that focus on real economic development in local communities.