Where We Deploy

Four sector focus areas where capital gaps are largest, development need is greatest, and blended finance can have transformative impact at scale.

Focus Sectors

India's Most Undercapitalised Frontiers

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Sector 01
Climate & Green Finance

India's climate commitments require an estimated $2.5 trillion in investment by 2030. The financing gap is not due to absence of global capital — it is due to absence of bankable, structured vehicles to receive it. We design those vehicles: from distributed solar for low-income households to climate adaptation finance for smallholder farmers.

Our Focus Areas
Distributed renewable energy — rooftop solar, decentralised power for underserved communities
Climate adaptation finance — water security, resilient agriculture, natural infrastructure
Green affordable housing — energy-efficient construction finance for low-income households
WASH (Water, Sanitation, and Hygiene) — blended finance structures for universal access
E-mobility and clean transportation — structured credit for two- and three-wheeler EV financing
SolarAdaptationWASHE-MobilityGreen Housing
$2.5T
India's estimated climate finance need by 2030
80%
Of required capital must come from private sources
4–8×
Commercial capital mobilised per rupee of concessional capital in well-structured vehicles
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Sector 02
Financial Inclusion

Despite significant progress in account penetration, access to affordable credit, insurance, and savings remains out of reach for hundreds of millions of Indians. We structure vehicles that expand access — helping NBFCs and fintechs grow their portfolios with capital that commercial lenders cannot provide alone.

Our Focus Areas
Microfinance portfolio growth capital — structured credit facilities for MFIs expanding into underserved geographies
Digital credit for thin-file borrowers — blended capital for fintechs serving the new-to-credit segment
Women-led enterprise finance — first-loss backed facilities for women entrepreneurs
Insurance and savings access — structured products expanding reach for LIC and microinsurance players
MicrofinanceDigital CreditWomen's FinanceMicroinsurance
190M
Adults in India without access to formal credit
₹37L Cr
Estimated formal credit gap in underserved segments
62%
Of Indian adults have a bank account but remain credit-invisible
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Sector 03
MSME Credit

India's 63 million MSMEs generate 30% of GDP and employ over 110 million people — yet the formal credit gap exceeds $530 billion. Traditional lenders cannot serve this segment profitably without risk-sharing support. We design the structures that make MSME lending viable at scale.

Our Focus Areas
Supply chain finance — anchor-led structures unlocking credit for tier-2 and tier-3 suppliers
Working capital credit lines — blended facilities for NBFCs serving small manufacturers and traders
Equipment and asset finance — structured leasing and hire-purchase for capital-light MSMEs
Women-owned MSME credit — dedicated facilities with gender-lens blended capital
Supply ChainWorking CapitalEquipment FinanceGender Lens
63M
MSMEs in India — the backbone of the economy
$530B
Formal credit gap for MSMEs
110M+
People employed by India's MSME sector
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Sector 04
Livelihoods & AgriFinance

India's 120 million smallholder farming families and millions of artisans and rural workers are among the least-served by formal capital markets. We design blended finance vehicles that connect patient capital with the intermediaries — FPOs, agri-value-chain companies, SHG federations — that can actually reach them.

Our Focus Areas
Farmer Producer Organisation (FPO) finance — structured credit for aggregation, processing, and market linkage
Agri-value-chain finance — commodity-backed lending structures for input and output financing
SHG and JLG credit — blended facilities for Self-Help Group federations and Joint Liability Groups
Artisan and handicraft finance — patient capital for skill-based micro-enterprises in rural India
FPOsAgriTechSHGsArtisansValue Chain
120M
Smallholder farming families in India
<10%
Penetration of formal credit in agricultural households
8,000+
FPOs in India seeking patient growth capital