Caspian Impact Investments

Curefoods is a prominent multi-brand cloud kitchen chain in India, focusing on food delivery and cooking across a wide range of cuisines. With over 200 kitchens, the company manages a diverse portfolio of food brands such as EatFit, Yumlane, Aligarh House Biryani, MasalaBox, and Paratha Box, catering to various customer preferences. Curefoods is dedicated to democratizing access to quality food in a sustainable manner, operating premises designed for cooking and serving nutritious meals. By acquiring and collaborating with smaller, successful food brands, Curefoods fosters their growth and integrates them into its operations, thereby offering customers an extensive selection of options while maintaining high standards of quality and sustainability.

Care.Fi is a fintech company that specializes in providing innovative financing solutions tailored for hospitals, doctors, and allied suppliers within the healthcare sector. The company's financial platform offers a range of services including supply chain financing, invoice discounting, receivables financing, unsecured business loans, and working capital loans. By enabling healthcare organizations to access their bank accounts and receive real-time updates on payment dues and transactions, Care.Fi aims to enhance financial transparency and operational efficiency in the healthcare industry.

Ecozen is a company focused on providing innovative solutions for the agriculture sector, particularly in the handling of perishable goods. It offers Ecofrost, a portable solar-powered cold room that utilizes thermal energy storage to maintain low temperatures without needing backup power, significantly extending the shelf life of fruits, vegetables, and flowers. This capability allows farmers to reach more distant markets and enhance their profitability. Additionally, Ecozen has developed Ecotron, a smart irrigation pump controller that incorporates IoT technology and efficient motor systems, optimizing water usage and enabling remote monitoring and diagnostics. This product has established a strong presence in the Indian market. Ecozen also operates Eco-Connect, a digital platform that links farmers of perishables directly with organized buyers, including exporters and retailers, while integrating cold chain logistics to streamline the distribution process. Through these offerings, Ecozen aims to transform the agricultural landscape by enhancing the efficiency of perishable goods management and promoting eco-friendly practices.

Credit Fair is a consumer lending fintech startup focused on providing financial solutions to the underserved population in India, which amounts to approximately 550 million individuals. The company operates an online financial platform that specializes in point-of-sale consumer financing, allowing both businesses and private individuals to access credit tailored to their needs. By ensuring that users receive the appropriate amount of credit at a fair cost and at the right moment, Credit Fair aims to promote financial inclusion and empower consumers to make informed financial decisions.

Ecozen is a company focused on providing innovative solutions for the agriculture sector, particularly in the handling of perishable goods. It offers Ecofrost, a portable solar-powered cold room that utilizes thermal energy storage to maintain low temperatures without needing backup power, significantly extending the shelf life of fruits, vegetables, and flowers. This capability allows farmers to reach more distant markets and enhance their profitability. Additionally, Ecozen has developed Ecotron, a smart irrigation pump controller that incorporates IoT technology and efficient motor systems, optimizing water usage and enabling remote monitoring and diagnostics. This product has established a strong presence in the Indian market. Ecozen also operates Eco-Connect, a digital platform that links farmers of perishables directly with organized buyers, including exporters and retailers, while integrating cold chain logistics to streamline the distribution process. Through these offerings, Ecozen aims to transform the agricultural landscape by enhancing the efficiency of perishable goods management and promoting eco-friendly practices.

GPS Renewables, established in 2010 and headquartered in Bengaluru, India, specializes in waste-to-energy solutions. The company develops and deploys BioOrja, a biowaste-to-energy reactor, which converts organic waste into bioCNG for cooking and electricity generation, and digested slurry for use as manure. Serving both private and institutional clients, GPS Renewables focuses on the urban waste market, particularly in tier I cities, where a significant portion of biodegradable waste originates from mass kitchens. The company's innovative technology, including a pending patent for BioUrja and specialized waste processing equipment, enables it to tackle the urban waste challenge while providing a sustainable energy source.

Veritas Finance Private Limited is dedicated to addressing the financial needs of micro, small, and medium enterprises, particularly those in the informal sector with limited access to financial services. Founded with the mission to provide inclusive financial solutions, Veritas focuses on delivering various loan products tailored to meet the working capital and credit requirements of these businesses. Its offerings encompass short-term loans for immediate working capital needs, medium-term loans for business expansion, and long-term loans for asset creation. The company is managed by a team of experienced professionals in the financial services industry, committed to facilitating access to credit and positively impacting the lives of millions of Indians engaged in informal activities that contribute significantly to the nation's economy.

Veritas Finance Private Limited is dedicated to addressing the financial needs of micro, small, and medium enterprises, particularly those in the informal sector with limited access to financial services. Founded with the mission to provide inclusive financial solutions, Veritas focuses on delivering various loan products tailored to meet the working capital and credit requirements of these businesses. Its offerings encompass short-term loans for immediate working capital needs, medium-term loans for business expansion, and long-term loans for asset creation. The company is managed by a team of experienced professionals in the financial services industry, committed to facilitating access to credit and positively impacting the lives of millions of Indians engaged in informal activities that contribute significantly to the nation's economy.

Skymet Weather Services Pvt. Ltd. is a weather monitoring and agricultural risk solutions company based in Noida, India, with an additional office in Mumbai. Established in 2004, it specializes in measuring, predicting, and managing climate risks to agriculture. Skymet Weather operates a comprehensive platform that provides live weather observations through automatic weather stations, enabling users to access real-time data and forecasts. The company serves various clients, including small and marginal farmers, insurance companies, energy firms, and government agencies. Its offerings include tools such as WxMine for historical weather data, customized solutions for enterprises, and a lightning detection network. Additionally, Skymet Weather employs IoT technology to deliver weekly forecasts, monitor air quality, and identify crop risk zones, assisting stakeholders in adapting to the impacts of climate change.

Moneyboxx Finance Ltd is an Indian non-banking financial company that specializes in providing financing solutions to micro enterprises. It operates as a non-deposit taking and non-systemically important entity, focusing on small and medium-sized enterprise lending, commercial lending, and value-added services. The company's primary revenue streams are interest income and fee income, with all operations conducted within India.

Janaadhar is a real estate development company dedicated to enhancing housing accessibility and promoting economic stability within communities. It focuses on constructing high-quality, low-cost homes that are equipped with essential amenities, ensuring that housing is viewed as a universal right rather than a privilege. By creating safe and comfortable living environments, Janaadhar aims to improve the well-being and productivity of its residents. The company is committed to providing well-designed housing alternatives that alleviate financial burdens and contribute positively to the lives of individuals and families seeking affordable residential options.

GPS Renewables, established in 2010 and headquartered in Bengaluru, India, specializes in waste-to-energy solutions. The company develops and deploys BioOrja, a biowaste-to-energy reactor, which converts organic waste into bioCNG for cooking and electricity generation, and digested slurry for use as manure. Serving both private and institutional clients, GPS Renewables focuses on the urban waste market, particularly in tier I cities, where a significant portion of biodegradable waste originates from mass kitchens. The company's innovative technology, including a pending patent for BioUrja and specialized waste processing equipment, enables it to tackle the urban waste challenge while providing a sustainable energy source.

Ecozen is a company focused on providing innovative solutions for the agriculture sector, particularly in the handling of perishable goods. It offers Ecofrost, a portable solar-powered cold room that utilizes thermal energy storage to maintain low temperatures without needing backup power, significantly extending the shelf life of fruits, vegetables, and flowers. This capability allows farmers to reach more distant markets and enhance their profitability. Additionally, Ecozen has developed Ecotron, a smart irrigation pump controller that incorporates IoT technology and efficient motor systems, optimizing water usage and enabling remote monitoring and diagnostics. This product has established a strong presence in the Indian market. Ecozen also operates Eco-Connect, a digital platform that links farmers of perishables directly with organized buyers, including exporters and retailers, while integrating cold chain logistics to streamline the distribution process. Through these offerings, Ecozen aims to transform the agricultural landscape by enhancing the efficiency of perishable goods management and promoting eco-friendly practices.

WayCool is an agri-tech company focused on the processing, distribution, and procurement of fresh produce, dairy products, and staples. By utilizing innovative quality management and food safety technology, WayCool enhances farmers' incomes and streamlines logistics and distribution services. The company sources fruits and vegetables primarily from smallholder farmers and aggregators, distributing them to local shops, retail outlets, hotels, restaurants, and catering establishments. WayCool operates a retail brand called SunnyBee in Chennai, which includes physical stores, mobile stores on trucks, and e-commerce platforms. Additionally, SunnyBee offers a range of high-quality private label products developed through partnerships with sister companies. By establishing direct connections between farmers and consumers, WayCool effectively integrates physical and information technology to facilitate efficient distribution of fresh produce.

WayCool is an agri-tech company focused on the processing, distribution, and procurement of fresh produce, dairy products, and staples. By utilizing innovative quality management and food safety technology, WayCool enhances farmers' incomes and streamlines logistics and distribution services. The company sources fruits and vegetables primarily from smallholder farmers and aggregators, distributing them to local shops, retail outlets, hotels, restaurants, and catering establishments. WayCool operates a retail brand called SunnyBee in Chennai, which includes physical stores, mobile stores on trucks, and e-commerce platforms. Additionally, SunnyBee offers a range of high-quality private label products developed through partnerships with sister companies. By establishing direct connections between farmers and consumers, WayCool effectively integrates physical and information technology to facilitate efficient distribution of fresh produce.

Origo Commodities India Pvt. Ltd. specializes in post-harvest management services for agricultural commodities, offering a comprehensive suite of solutions designed to enhance the efficiency and security of the supply chain. Established in 2011 and headquartered in Gurugram, India, the company provides services such as commodity handling, procurement, professional warehousing, quality certification, and audit and surveillance. Origo's platform facilitates seamless interactions among producers, processors, corporate entities, and financial institutions, promoting secure trade and reducing risks and waste throughout the post-harvest process. By leveraging technology, Origo Commodities aims to create inclusive modern markets that contribute to a robust agricultural economy and sustainable development.

Ecozen is a company focused on providing innovative solutions for the agriculture sector, particularly in the handling of perishable goods. It offers Ecofrost, a portable solar-powered cold room that utilizes thermal energy storage to maintain low temperatures without needing backup power, significantly extending the shelf life of fruits, vegetables, and flowers. This capability allows farmers to reach more distant markets and enhance their profitability. Additionally, Ecozen has developed Ecotron, a smart irrigation pump controller that incorporates IoT technology and efficient motor systems, optimizing water usage and enabling remote monitoring and diagnostics. This product has established a strong presence in the Indian market. Ecozen also operates Eco-Connect, a digital platform that links farmers of perishables directly with organized buyers, including exporters and retailers, while integrating cold chain logistics to streamline the distribution process. Through these offerings, Ecozen aims to transform the agricultural landscape by enhancing the efficiency of perishable goods management and promoting eco-friendly practices.

Haber is a company based in Maharashtra, India, founded in 2017 by Vipin Raghavan and Priya Venkat. It specializes in industrial automation, with a particular focus on the manufacturing industry. Haber provides automation services for chemical dosing across various applications, including paper mills, sugar mills, distilleries, breweries, independent institutions, and mining operations. The company's platform integrates data from sensors throughout plants to control mechanical, operational, and chemical parameters, helping clients reduce operational costs and enhance business efficiencies while promoting sustainability.

Aptus Value Housing Finance India Ltd is a housing finance company focused on addressing the financial needs of self-employed individuals and low to middle-income customers primarily in semi-urban and rural areas of India. Registered and certified by the National Housing Bank, Aptus aims to alleviate the significant housing shortage in the country by providing accessible financing solutions. The company offers a range of services, including home loans for purchasing, constructing, or improving residential properties, as well as loans against property and business loans. It manages all aspects of the lending process, including sourcing, underwriting, and credit assessment, to ensure that its customers receive comprehensive support in securing housing finance. By catering specifically to this underserved segment, Aptus plays a crucial role in enhancing home ownership and improving living conditions in rural and semi-urban communities.

Veritas Finance Private Limited is dedicated to addressing the financial needs of micro, small, and medium enterprises, particularly those in the informal sector with limited access to financial services. Founded with the mission to provide inclusive financial solutions, Veritas focuses on delivering various loan products tailored to meet the working capital and credit requirements of these businesses. Its offerings encompass short-term loans for immediate working capital needs, medium-term loans for business expansion, and long-term loans for asset creation. The company is managed by a team of experienced professionals in the financial services industry, committed to facilitating access to credit and positively impacting the lives of millions of Indians engaged in informal activities that contribute significantly to the nation's economy.

Drishti Eye Care Centre provides services like cataract surgery, laser & lasik surgery, and comprehensive eye care facilities.

Chetna Organic Agriculture Producer Company specializes in agricultural market-linkage services, focusing on fostering transparent and equitable commercial practices. The company aids small and marginal farmers in connecting with markets for their produce, offering essential financial and trade support. By promoting fair and standardized agricultural transactions, Chetna Organic seeks to enhance the livelihoods of farmers and transform agriculture into a sustainable and profitable profession. Through its initiatives, the company plays a significant role in improving the overall economic prospects of rural farming communities.

Micro Housing Finance Corporation Limited, established in 2008 and headquartered in Mumbai, India, focuses on providing housing finance solutions tailored for lower-income households, particularly those in the informal sector. The company addresses the significant challenge of financing for these families, many of whom lack formal income documentation that is typically required for traditional housing loans. By offering specialized housing finance products, Micro Housing Finance Corporation aims to empower low-income families to purchase homes, thereby facilitating their access to housing opportunities. The company is regulated by the National Housing Bank, having obtained the necessary certification to operate in this sector.

Equitas Holdings Limited, based in Chennai, India, operates as a non-banking financial institution through its subsidiaries. Founded in 2007, the company focuses on providing a range of financial services, including microfinance, vehicle finance, housing finance, and loans for micro and small enterprises, as well as agricultural and gold loans. It serves individuals and businesses, particularly those with limited access to traditional banking services. Additionally, Equitas Holdings engages in online freight facilitation under the Wowtruck brand. The company evolved from its original name, Equitas Micro Finance India Private Limited, in 2012, and it has since expanded its offerings to include a variety of financial products aimed at helping low-income customers and self-employed individuals.

Jana Small Finance Bank Limited is a banking institution based in Bengaluru, India, that provides a wide range of banking products and services. Founded in 2006 and rebranded from Janalakshmi Financial Services in March 2018, the bank operates through various segments, including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers current and savings accounts, fixed and recurring deposits, and various loan products such as home, gold, agriculture, and business loans. Additionally, Jana Small Finance Bank provides services like debit cards, online banking, and payment solutions, catering to both individual and corporate clients. The bank is committed to financial inclusion, particularly focusing on the needs of underserved urban populations, while utilizing technology to enhance its offerings and operational efficiency.

Jana Small Finance Bank Limited is a banking institution based in Bengaluru, India, that provides a wide range of banking products and services. Founded in 2006 and rebranded from Janalakshmi Financial Services in March 2018, the bank operates through various segments, including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers current and savings accounts, fixed and recurring deposits, and various loan products such as home, gold, agriculture, and business loans. Additionally, Jana Small Finance Bank provides services like debit cards, online banking, and payment solutions, catering to both individual and corporate clients. The bank is committed to financial inclusion, particularly focusing on the needs of underserved urban populations, while utilizing technology to enhance its offerings and operational efficiency.

Micro Housing Finance Corporation Limited, established in 2008 and headquartered in Mumbai, India, focuses on providing housing finance solutions tailored for lower-income households, particularly those in the informal sector. The company addresses the significant challenge of financing for these families, many of whom lack formal income documentation that is typically required for traditional housing loans. By offering specialized housing finance products, Micro Housing Finance Corporation aims to empower low-income families to purchase homes, thereby facilitating their access to housing opportunities. The company is regulated by the National Housing Bank, having obtained the necessary certification to operate in this sector.

A Little World Private Limited, founded in 2000 and based in Navi Mumbai, India, specializes in developing payment solutions aimed at enhancing financial accessibility for the masses. The company is known for its flagship product, ZERO, which is India's first domestic payment system designed to function on low communication infrastructure. ZERO utilizes near field communication technology, contactless RFID smart cards, and integrated biometrics to facilitate secure mobile transactions for customers and merchants. Additionally, the company offers mZERO, a mobile self-service payment option that allows users to make over-the-counter and remote payments directly from their mobile phone SIM. The ZERO platform supports various applications, including biometric identity verification, cash deposits, money transfers, and utility payments, thereby promoting cashless transactions and financial inclusion across diverse user segments.

Sahayata Microfinance is a non-banking finance company.

Jana Small Finance Bank Limited is a banking institution based in Bengaluru, India, that provides a wide range of banking products and services. Founded in 2006 and rebranded from Janalakshmi Financial Services in March 2018, the bank operates through various segments, including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers current and savings accounts, fixed and recurring deposits, and various loan products such as home, gold, agriculture, and business loans. Additionally, Jana Small Finance Bank provides services like debit cards, online banking, and payment solutions, catering to both individual and corporate clients. The bank is committed to financial inclusion, particularly focusing on the needs of underserved urban populations, while utilizing technology to enhance its offerings and operational efficiency.

BlueStone is an omnichannel jewelry retailer that specializes in high-quality fine jewelry, combining both online and offline shopping experiences. The company offers an extensive selection, including diamond rings, earrings, necklaces, bracelets, and gold jewelry such as rings, chains, and bangles. Additionally, BlueStone features a range of gemstone jewelry, as well as platinum items. Committed to enhancing the luxury shopping experience, BlueStone provides customers with a money-back guarantee, certification for their products, and lifetime exchange options. The company's vision focuses on delivering beautifully designed jewelry while ensuring exceptional customer service and convenience for consumers.