Foreign, Commonwealth & Development Office (FCDO) [previously Department for International Development (DFID)], United Kingdom, in association with Small Industries Development Bank of India (SIDBI), has envisaged the creation of the Samridhi Fund to provide capital to social enterprises which can deliver both financial and social returns, in Bihar, Uttar Pradesh, Madhya Pradesh, Odisha, Chattisgarh, Jharkhand, Rajasthan and West Bengal.
The fund is fully invested.
Claro specializes in installation and maintenance of solar water pumps across India. With a triple bottom line approach of economics, environment sustainability and social development, Claro is making irrigation/drinking water accessible and affordable in the rural areas.
Oriano specializes in Solar EPC for Utility Scale Solar Power Plants, Solar Farms and Rooftops. Oriano is making solar energy affordable and accessible to the mass market, generating income for rural households by creating job opportunities at the BoP and reducing greenhouse gases.
Siddhi Vinayak provides small holder potato farmers comprehensive farm extension services and inputs including seeds etc. which result in higher productivity and output. By combining agricultural knowledge, technology and food processing, the company seeks to create value across food supply chain and food processing sector.
Online PSB is a fintech company that seeks to address pain points faced by borrowers, especially MSMEs in the traditional banking space. It provides solutions for improving the quality of information received by banks and improving internal decision processes.