We will look at an India Fund strategy: India Director, Acumen

In a Q&A, Ajit Mahadevan says Indian laws should allow grant money to be used for impact investments

Acumen, an impact investor that has impacted around 23 million lives in the country since it set foot in the country in 2001, has been focusing on indentifying and bringing those products and services to low-income households, that wouldn't normally be within their reach. The businesses it supports directly focus on these segments and through them, Acumen has created and supported about 9,500 jobs, with an investment of around $31.9 million in a total of 26 companies. The Fund is now looking at creating an India-specific fund. Ajit Mahadevan, India Director, Acumen explains why his organisation is looking at a