By Ishita Russell
The fund of funds has secured commitments from Vulcan Capital ($20 million), Omidyar Network, Ford Foundation, Bill Gates, IFC and Resonance Impact Fund.
Ujjivan Small Finance bank is 100 per cent owned by its promoter Ujjivan Financial Services, in which IFC holds around 4.4 per cent stake.
The fund will be used for investments in Vietnam, Indonesia, Myanmar and Laos among others.
Insitor is looking at investing around 25 to 30 per cent of the capital in social sector startups/enterprises in Myanmar.
Charitable organisation Tata Trusts and impact investment firm Omidyar Network have backed Social Finance India.
In 2016, GoBOLT had raised its pre-Series A round from MCube8, a startup incubator.
The cost of solar power generation was much cheaper in India compared to the rest of the world, Son added.
Origo Commodities provides solutions for supply chain and financing for all participants in the post-harvest farm cycle.
SOLshare, established in 2015 by Sebastian Groh, established the world’s first peer-to-peer solar energy grid in remote area of Bangladesh.
The Meloy Fund seeks to invest in fishing and seafood-related enterprises in Indonesia and the Philippines.