Social Business in India: Some investors wade in, but most testing waters
Tuesday, April 22, 2014
The Sankalp Unconvention Summit 2014 that recently concluded in Mumbai showcased how $1.6 billion has been pumped into more than 220 social enterprises since 2000.
Sixty per cent of the capital has reportedly been invested in 15 enterprises alone, with microfinance, healthcare, agri and clean energy sector initiatives receiving about $341 million. This is, arguably, fine progress compared to some years ago.