Monday
April 5
2021

Analysis: A Social Enterprise Must Help a Billion People, Say Aavishkaar Group Founders

The Faces of Vibrant Bharat, Vineet and Swati Rai have been offering knowledge and capital for ventures that are solving problems for low-income households in India.

Small scale businesses form the backbone of the Indian economy and Aavishkaar Group is continuously supporting such businesses in India. In the words of Vineet and Swati Rai, its founders, Aavishkaar (meaning innovation), stands to bridge the opportunity gap between entrepreneurs and complex social problems that hold the potential of transforming lives as well as the economy.

“We solve problems worth solving. We believe that economically excluded people need to be provided livelihoods, jobs and employment. They have to be protected from vulnerabilities of climate, education or health,” they say.

Source: Money Control (link opens in a new window)

Categories
Entrepreneurship, Investing
Tags
economic development, impact investing, LMICs, small business, social enterprise, social impact