Social Finance India

What is Social Finance India?

Social Finance India is an innovative impact investment intermediary created with the objective to positively influence social and environmental outcomes in the country. Established as part of the Social Finance Global Network, it embraces a non-traditional investment approach by focusing on financing results and outcomes rather than merely funding activities.

Launched in 2018, the firm aims at tackling India’s critical challenges through two major funds: the India Education Outcomes Fund (IEOF) and the India Impact Fund of Funds (IIFF). The IEOF is designed to revolutionize the quality of K-12 education by financing and measuring education outcomes, thereby addressing the prevailing learning crisis. It is an ambitious $1 billion endeavor to catalyze systemic change in education financing.

In parallel, the IIFF intends to unlock affordable, long-term debt financing to financial intermediaries and impact enterprises operating in various sectors such as renewable energy, financial inclusion, and healthcare.

Social Finance India employs a 'Pay for Success' model which strategically brings together stakeholders—donors, investors, service providers, and government—to create a concerted effort towards achieving common goals. Initiatives include improving literacy and numeracy in primary education using ED Tech solutions, advancing board exam and spoken English outcomes in secondary education, and fostering sustainable livelihoods through skilling and employment initiatives.

The firm also endeavors to scale up specialized vocational skilling through First Loss Guarantee Structure and partner with Impact Investment firms to enhance employability outcomes. Through these multifaceted strategies and a commitment to innovation and collaboration, Social Finance India is at the forefront of an 'Impact Revolution' to bring about large-scale improvements in lives across the nation.