Crossing the Divide – The business of social good

Friday, May 15, 2009

Three years ago when we first started looking for money, we had only social venture funds interested in us; now, in the last month, I have got calls from mainstream venture capital funds who are interested in investing,” says Ashwin Naik, founder of Vaatsalya Healthcare Solutions Pvt. Ltd, a start-up that is building a chain of low-cost hospitals in rural and semi-urban India.

That perhaps indicates how far for-profit social enterprises have travelled in the last few years to be recognized as viable business models.

Source: Live Mint (link opens in a new window)