Hotline: 1800 102 2007
X
Search Business Opportunities
2014-09-08

Social enterprise incubator Villgro invests in 3 start-ups

Villgro also announced that by March 2015, it will invest Rs 20 crore on early stage social enterprise to create social impact as a part of its incubation work.

Our Bureau
 
 
Chennai-Based social enterprise Incubator Villgro has invested in three start-ups which the company claimed is the first set of funding for this fiscal year, as reported by ET.
 
 
The report further states that Ujjeewan Healthcare, Aindra Systems and Scholowiz Educational Solutions, all early-stage companies, have secured funding from Villgro. The company is targeting to invest in 25-30 more startups by the end of the fiscal year.
 
 
Villgro also announced that by March 2015, it will invest Rs 20 crore on early stage social enterprise to create social impact as a part of its incubation work. "We've received commitment for a little over 50 per cent of the fund size and looking to make up the balance," said PR Ganapathy, COO, Villgro told ET.
 
 
Ten foundations, including Rockefeller, Citi and Lemelson are also funding Villgro’s activities. The new investments range between Rs 6-Rs 8 lakh, would be used to scale up businesses. Villgro will work with these start-ups to build business models and go-to market strategies around their ideas.
 
 
"We will use the funding to install additional infrastructure and mobile units to reach interior parts of villages, train our workers and hire more people," Manish Kumar, founder, Ujjeewan told ET. 
Related opportunities
  • Competitive Exam Coaching Institute
    About Us: CAD DESK is a leading training network of India..
    Locations looking for expansion Delhi
    Establishment year 2007
    Franchising Launch Date 2007
    Investment size Rs. 10lac - 20lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Become entrepreneur with brand that promises to offer great returns..
    Locations looking for expansion Haryana
    Establishment year 1982
    Franchising Launch Date 1990
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • E-Commerce & Related
    MOS Utility Private Limited is offering franchise with high potential..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 10000 - 50 K
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Malad west Maharashtra
  • About Us: Cambridge Montessori Pre School and Day Care is poised..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 5lac - 10lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Central Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts