About the Founder Vineet Rai


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Vineet Rai is the Founder and Chairman of Aavishkaar Group, an Impact Investment Platform impacting millions of people in Asia and Africa using an entrepreneurship based development approach.

The Group’s ecosystems include Aavishkaar Capital – the Impact fund manager focused on Global South, Arohan – One of India’s largest & most digitally advanced microfinance institution (MFI) targeting low income households, Ashv Finance – a Phygital NBFC, offering unique cash flow based business loans to Micro, Small & Medium Enterprises and IntelleCap – Global Impact advisory firm providing Consulting, Investment banking and an Inclusive networking platform, Sankalp for engagement around impact investing.

Aavishkaar Group has 7000 employees, manages assets in excess of US $ 1.2 Billion while aligning the group to 13 out of the 17 Sustainable Development Goals or SDG’s.

Vineet has received numerous awards including the TiE Hall of Fame 2018, the Impact Investor of the Year by News Corp for 2016, Porter Prize for Strategic Leadership in Social Space, 2016, CNBC TV 18 Award for being the Catalyst Fund for India 2016, G 20 – SME Innovation in Finance Award 2010 in Seoul South Korea, UNDP-IBLF –ICC World Business Award in 2005 and Lemelson Award for Social Venture Investing.

He is an Ashoka Fellow and Honorary Member of XLRI Alumni Association. Vineet also serves as Commissioner at the Business Commission for Sustainable Development, as Senior Advisor to Blended Finance Working Group at OECD and as an Advisor to United Nations Economic and Social Commission for Asia and the Pacific Science Technology and Innovation Advisory Board.

Recently Vineet Rai and Swati Rai (Co-Founder) was awarded the Faces of Vibrant Bharat 2021 by Grant Thorton Bharat.

Awards & Recognition

Outstanding Social Change Agent by TiE Hall of Fame

Vineet Rai, Founder of Aavishkaar Group, was inducted into the TiE Hall of Fame by N.R. Narayana Murthy, Founder of Infosys. This induction recognises Vineet's contribution to the world of impact investment & entrepreneurship, as the leader of a 6000+ people strong Group over the past years.

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The Porter Prize for Enabling Social Progress.

The Group was presented this honour for its outstanding contribution to society to meet the basic human needs, established blocks that allow communities to sustain the quality of life and creating conditions for individuals to reach their potential.

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Faces of Vibrant Bharat' by Grant Thornton India.

The award was given in recognition of the Group's instrumental role in establishing India's impact investment ecosystem, as well as making it go mainstream. Aavishkaar Group’s focus on sustainable organisations not only supports enterprises but touches communities at the ground level

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Impact Investor of the Year by News Corp VCCircle

Aavishkaar, which was launched in 2001, boasts of a rich history of backing enterprises working in rural areas and those targeting the poor. It has made over 50 investments across eight sectors, including agriculture, dairy, education, energy, health, water and sanitation, and microfinance.

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