Social enterprises in India received $1.6 bn in 14 yrs: Report

MUMBAI: Investors have pumped USD 1.6 billion in 220 social enterprises in India over the last 14 years, a report said today.
Of the USD 1.6 billion invested in the country since 2000, USD 435 million was made by dedicated impact investors like Aavishkar, Omidyar Network among others, the report by social advisory firm Intellecap said.
Mainstream venture capital and private equity funds invested USD 906 million in enterprises which have a social relevance, while the rest was done by other investors, it said.
The report, which is the first on impact investing, said all kind of investors, including angels, family offices, venture capitalists, private equity, domestic financial institutions and foundations, have invested in social enterprises in the last 14 years.
—PTI