Impact Report 2017 (Aavishkaar Capital)

Summary

• For every $1 invested, portfolio companies have raised 4.36x in follow-on capital.p.12
• Aavishkaar has generated 22 full exits including 1 successful IPO, and 3 partial exits.p.12
• It has made 52 investments in India across 8 sectors, reaching 545 out of 716 districts and 29 Indian states.p.11
• 87% of portfolio companies were started by first-time entrepreneurs and 92% were invested in at seed stage.p.10
• Over 37,000 people benefitted from on-site employment, with US$55.1 million earned by low-income households.p.16
• 204,489 persons could make a sustained livelihood through inclusive supply chains, and 9.6 million persons were facilitated access to finance.p.16

Key insights

1. 78% of companies have operations in frontier markets and Low Income States in India, and 12 companies are headquartered in frontier markets.p.10
2. Aavishkaar is the first external institutional investor in more than 92% of its companies.p.10
3. 16 companies have women promoters and 23 companies have had women board members.p.12
4. Since 2015 Aavishkaar has made 4 investments in South and South-East Asia.p.11
5. Approximately 59 million people were provided access to essential services.p.15
6. 1,221,562 MT of CO2 emissions were reduced.p.15
7. Around 75% of livelihoods created are in frontier markets and 60% are for women.p.16