You are here: Home » PTI Stories » National » News
Business Standard

Villgro Leads the Path for Public and Private Partners to Come Together and Support Social Enterprises

Press Trust of India  |  BENGALURU 

/ -- After creating ripples in the impact ecosystem last year, Villgro, India's oldest and one of the world's largest incubators, is set to kickstart the upcoming financial year by announcing several new partnerships. The incubator invested in 21 agribusiness, education and companies last year, many of which were sourced through iPitch, its annual national sourcing program. Deepening the focus on the 8 low income states of India, 127 investments were made through one of the world's largest social innovation programmes, INVENT, that runs with support from the Technology Development Board, Govt. of and the DFID,

(Logo: )

is known for its unique incubation model focusing on deep sectoral expertise and high touch mentoring, and 2018 saw the launch of deep expertise in a new sector - In partnership with GIZ, the incubator supported 50 early companies and is going to expand that pool by partnering with UNDP.

While has always been supported by key names in the funding community, FY 2018-19 saw a paradigm shift with many corporates engaging in CSR partnerships with Villgro for BoP social impact. Some critical partnerships of the year:

With to scale up ventures working on skilling and employability related challenges. With Foundation to focus on incubating startups managing water use in agriculture and improve efficiencies across farming. With to support working to reduce and improve supply chain efficiencies. With YES Scale accelerator programme to support startups connect with large corporations and commercialise innovations. With continued partner support, Villgro has impacted over 19 million underprivileged lives so far, and many more to go.

The upcoming year looks exciting for Villgro, where the plan is to incubate and invest in more companies through an even bigger iPitch programme in July-August, to provide them follow-on support through the Villgro - Menterra platform, and expand markets for them by leveraging its presence in Kenya, the and

Organisations looking to partner can reach out to Villgro at and be the catalysing agents for creating large scale social impact.

About Villgro

Villgro is India's oldest and one of the world's largest incubators. Established in 2001, Villgro incubates early stage, innovative, for-profit social enterprises in healthcare, agribusiness, education & employability and Apart from India, Villgro also supports enterprises in Vietnam, and the So far, Villgro has supported over 275 social enterprises that have raised over INR 1796 Million investments and impacted over 19 million lives.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 04 2019. 11:51 IST