Elevar Equity

The rise of Entrepreneurial Households (EH) across India is a testament to the country’s evolving economic landscape. This transformation is taking shape through the relentless work of  EH-focussed businesses like LEAD School, SarvaGram and Samunnati, that cater to the demand for quality core services of Entrepreneurial Households (EHs). Elevar has consistently backed businesses that build solutions for this customer segment using real, on-the-ground insights and empower communities with access to quality education, credit solutions, and market linkages. These businesses have developed innovative and customised solutions that create on-ground impact at scale. LEAD makes quality education accessible by partnering with affordable private schools in underserved communities. Sarvagram helps rural families meet their growing aspirations by offering financial and productivity-enhancing services. By bridging gaps in the agricultural value chain, Samunnati empowers smallholder farmers and agricultural enterprises by offering access to markets & financial intermediation. This article, authored by The Better India, highlights the India story which is unfolding in unseen parts of India and brings the economic vibrancy of Entrepreneurial Households to the fore. As Entrepreneurial Households across India continue to rise, they are transforming their communities and contributing to the nation’s economic prosperity. #EquityforEquity #EntrepreneurialHouseholds #EPICopportunity #humancentredcapital

Had an engaging conversation on Gender Lens Investing in India at IIC’s Prabhav 2024. Gender Lens should be viewed in two dimensions - one that plays out in the formal sector where women are a part of boardrooms, founders, C-Suite of companies; and second in the informal markets where women are a massive part of the economic activity. The former is an important challenge we need to work on collectively, while the latter is highly inspiring! ✅In the formal sector, building real diversity means constant questioning of historical bias to set-up women for success and unlocking their potential. ✅In the last two decades, Elevar has spent time understanding women's aspirations on the ground. A major shift has occurred, from microfinance to early indicators of women leading Farmer Producer Organizations (FPOs) in rural India as board members and CEOs, and with significant business growth. Women also play a crucial role in household economics, are active economic participants in Entrepreneurial Households, and actively engage in economic activity - in sectors like microfinance, education, agriculture & healthcare. We must be proactive in understanding their entrepreneurial capacity and the role they play in decision-making as we deliver financial services, education, agri-services and healthcare to them. These are important conversations and I am happy to have discussed these insights with Rajat Arora from Women's World Banking , Sarita Raichura from Blume Ventures, Shalaka Joshi IFC - International Finance Corporation, Rajnish Kadambar and our moderator Ragini Pillai from British International Investment Full video here: https://lnkd.in/gxnZbpY5 #EPICopportunity #EquityforEquity #EntrepreneurialHouseholds #humancenteredcapital #ElevarMethod #ImpactInvestment #IIC #Prabhav2024

Better late than never when it comes to posting. Recently participated in an engaging panel on Risk, Return and Impact: The Tripod of Impact Investing at Impact Investors Council (IIC)’s flagship event #Prabhav2024. Was a good opportunity to articulate a few points as an impact investor for close to 20 years: ✅As investors, we need to evolve our thinking of the end customer segment. They have evolved from what we used to call bottom of the pyramid to be Entrepreneurial Households – aspirational, resilient and with multiple sources of income, which create a massive trillion dollar transactional volume on just core solutions and services. ✅The search for aligned capital remains a key challenge - despite clear evidence that there are real, risk-adjusted returns to be made. The impact investing sector needs to value its own work, and reflect that work in valuations - which in turn will convince other pools of capital that returns can be made. ✅Building companies for this customer segment requires a unique DNA and approach - where technology, data, and branding are approached differently. We need to set up transformational platforms to build blue chip companies that serve this segment effectively. Thank you to my fellow panellists - Geeta Goel from Michael & Susan Dell Foundation, India; Sugandhi Matta from abcIMPACT, A Member of Temasek Trust Asset Management, Shilpa Kumar from Omidyar Network India and our moderator Royston Braganza from Grameen Impact Investments India. https://lnkd.in/gvPGkMrn #EPICopportunity #EquityforEquity #EntrepreneurialHouseholds #humancenteredcapital #impinv #ElevarMethod #ImpactInvestment #IIC #Prabhav2024 Many thanks for the team at IIC, in particular Neha Bhatnagar and Ranjna Khanna.

At Impact Investors Council (IIC)’s Prabhav’24, Jyotsna Krishnan spoke at the session on Gender Lens Investing in India, highlighting the importance of removing biases and unlocking the potential of women in both formal and informal sectors. Here are key takeaways from the discussion: ✅Two Dimensions: Gender Lens should be viewed in two dimensions - one that plays out in the formal sector where women are a part of boardrooms, founders, C-Suite of companies  and second in the informal markets where women are a massive part of the economic activity. ✅Challenging unconscious bias to unlock potential: In the formal sector, a true and authentic culture of diversity only develops if there is a constant questioning of historical bias. Businesses need to measure their efforts on gender diversity, against available metrics, like the 2X Challenge. By allowing for biases to be set aside, we can set up women to flourish and unlock their potential. ✅Economic Role of Women in Entrepreneurial Households: Over the last two decades, Elevar has spent time understanding women's aspirations on the ground. A major shift has occurred,  from microfinance to women now leading Farmer Producer Organizations (FPOs) in rural India. These women serve as board members and CEOs of businesses with significant turnover. Women also play a crucial role in household economics across sectors like microfinance, education, agriculture, healthcare, and MSMEs. We must be proactive in understanding their entrepreneurial capacity and the role they play in decision-making. #EquityforEquity #EntrepreneurialHouseholds #humancenteredcapital #GenderLensInvesting #DiversityInInvesting #ImpactInvesting #InclusiveGrowth #IndiaInvestments #GLIOpportunities #Challengingbias

At Impact Investors Council (IIC)'s Prabhav'24, Sandeep Farias spoke at the session on Risk, Return and Impact: The Tripod of Impact Investing. He delved into the multi-trillion dollar EPIC Opportunity and the need to recognize the aspiration and potential of Entrepreneurial Households. Some insights from the discussion: ✅Power of Entrepreneurial Households: Impact investors have not kept pace with our end customer segment. Two decades ago ‘bottom of the pyramid’ was used to describe this segment but today we are talking about their resilience, their aspirations & their wallet share. Investors need to evolve their thinking on this customer segment. ✅Right Value of Impact Investing: Impact investors have not valued their work. The sector needs to give the right valuation to companies and in turn, become momentum investors and tell the world of capital about the impact and returns that can be made. ✅Capital Alignment: The search for aligned capital remains a key challenge in spite of large capital being allocated for impact investing. There exists a fundamental bias against investing in this segment, despite the evidence that there are real, risk-adjusted returns to be made. ✅Multi-trillion Dollar Opportunity: Entrepreneurial Households have multiple sources of income and create massive transactional volume just on core services alone. Based on our 2024 EPIC Opportunity Report, this is a multi-trillion-dollar investment opportunity. ✅A Different Approach to Company Building: Building companies for this customer segment requires a unique DNA, where technology, data, and branding are approached differently to truly serve the needs of the end customer. ✅Transformational Platforms: There is immense potential for transformational platforms to add value to the customer. We now have the technology, capability to get data on the ground, and talent to build blue-chip companies that serve this segment. #EquityforEquity #EntrepreneurialHouseholds #ElevarMethod #humancenteredcapital #InclusiveGrowth #ImpactInvesting #EPICOpportunity #Institutionbuilding

Join us at Prabhav 2024, the Impact Investors Council (IIC)'s biennial flagship conference where Elevar Equity will be sharing insights from two decades of work in impact investing. Jyotsna Krishnan, Managing Partner, Elevar Equity and Co-Founder, Enmasse will talk about themes within Gender Lens Investing (GLI), while highlighting the power and aspiration of women from Entrepreneurial Households. Check below for more details #EquityforEquity #EntrepreneurialHouseholds #humancenteredcapital #GenderLensInvesting #DiversityInInvesting #ImpactInvesting #InclusiveGrowth #GLIOpportunities

Join us at Prabhav 2024, the Impact Investors Council (IIC)'s biennial flagship conference where Elevar Equity will be sharing insights from two decades of work in impact investing. In one panel, Sandeep Farias, Founder & Managing Partner, Elevar Equity and Co-Founder, Enmasse will share his experience and unique perspectives on how we can drive capital to address the needs of Entrepreneurial Households globally. Check below for more details #EquityforEquity #EntrepreneurialHouseholds #ElevarMethod #humancenteredcapital #InclusiveGrowth #ImpactInvesting

The aspirations of hundreds of millions of Entrepreneurial Households (EHs), and the Industrious Communities they form around the world, will drive economic growth and social mobility in the decades to come. The latent potential of this customer segment is evident from our investing journey. In two decades, we have built a customer portfolio of over 50 Mn Entrepreneurial Households and a constantly but carefully expanding enterprise portfolio of ~50 companies. Part of our success is attributed to the missionary zeal with which we have been taking the story of this vibrancy and ambition to the world of capital and businesses that serve this segment. An example of that is The EPIC Stories Contest, Enmasse World's latest partnership with The Better India, an effort to get the real stories of these households straight from the source. See here https://lnkd.in/gqAApKfi for the contest details. The EPIC Stories Contest unearthed inspiring stories of successful small business owners all across India. The stories told in the submissions embodied the aspiration, resilience and growth we have seen in this customer segment. #EPICopportunity #EPICbyEnmasse #EntrepreneurialHouseholds #EquityforEquity

Elevar Equity's 2023 Annual Impact Report demonstrates the immense opportunity of focusing on high-priority services for #EntrepreneurialHouseholds (EHs)™. Milestones through 18 Years: ➢ $274Mn+ Elevar capital invested in entrepreneurs building innovative business models ➢ $2.7Bn+ Additional equity capital catalyzed to fuel the economic resilience and vibrancy of  ➢ 55Mn+ Entrepreneurial Households in India & Latin America who have utilized the services from ➢ 50 Elevar portfolio companies contributing to ➢ $43.2Bn+ in Elevar’s Core Transaction Value (CTV)™ This year’s report features: 🚀 Fund II’s full exit and many “firsts” despite market fluctuations and global crises, #resilience; 🔍 Elevar’s Investment frameworks, #ElevarMethod, integrating #ESG + #GenderLens + #SDGs; 📊 6 Entrepreneur perspectives on our “Stages of Organization” framework, #Strategy; 🌍 7 Deep dives into active portfolio companies across #Edtech, #Healthtech, #Agtech, #Fintech; 🌟 1 #EPICOpportunity Report outlining the $8Tn CTV opportunity that exists within the EHs and our vision to unlock it with Enmasse World. 🔗Read the full report here: https://lnkd.in/dBVQXTZC #EquityforEquity #humancenteredcapital #impinv #2023ImpactReport #ImpactInvesting Sandeep Farias, Johanna Gil Posada, Jyotsna Krishnan, Vipul Rawal, Amie Patel, Shobha Venkataraman, Ajit Abraham, Ruchi Ramann, Dilip James, Ramaraj R, Matias Lanus, Kripa Miriam Joy, Shikha Gupta, Nilay Chandra, Debjyoti Paul, Alma Catalina Gutierrez Toledano, Vinay Govindaraj, Shubhra Jain, Vineet Sethia, Raghunandan Bokare, CFA, Pooja Dave, Vaishali Vinod, Andrés Alvarez Vélez, Kartikey Sahu, Tanvi Kudwalli Andrew James Devlyn, Anilkumar SG, Utpal Isser, Aditya Kumar, Priyadarshi Mohapatra, Martin Naor Abraham John

Our next EPIC Entrepreneur, Priyadarshi Mohapatra, transitioned to healthcare, deeply moved by the difficulties Indians faced in accessing basic medical treatment during COVID-19 in remote locations across India. He launched CureBay with Co-Founders Shobhan Mahapatra and Sanjay Swain to provide accessible, affordable, high-quality healthcare in medically underserved locations across India. During the pandemic, Priyo traveled through remote parts of India learning first-hand that the challenge was not their willingness to pay but rather a need for an accessible, trustworthy service provider. CureBay addresses this with its innovative, full-stack health-tech platform which operates through asset-light eClinics, a network of healthcare providers, and trusted intermediaries, the Swasthya Mitras. The innovative model brings together doctors, hospitals, laboratories, pharmacies, and medical devices on a single platform. CureBay has enabled high-quality care for more than 175,000 patients through its physical network of over 120 eClinics offering teleconsultations, diagnostics, medicines, and hospitalization support to transform the healthcare experience for medically underserved communities across India. Learn more about Priyo’s journey and CureBay here: https://lnkd.in/gx2sbyVR At @Elevar Equity, we invest in ambitious and execution-oriented entrepreneurs building scalable business models at the intersection of inclusivity, affordability, profitability, and massive scale. If you are committed to growing the economic potential and vibrancy of underserved communities and aspirational Entrepreneurial Households, please reach us at connect.india@elevarequity.com. We have been the first institutional investor in over 84% of our companies. #impactinvesting #impinv #ElevarMethod #EPICOpportunity #EntrepreneurialHouseholds #EPICEntprereneurs #EquityforEquity #humancenteredcapital #Healthcare #healthtech Sandeep Farias, Johanna Gil Posada, Jyotsna Krishnan, Vipul Rawal, Amie Patel, Shobha Venkataraman, Nilay Chandra