responsAbility

responsAbility Investments AG is an impact asset manager based in Zurich, Switzerland, with additional offices in major cities across Asia, Africa, and Europe. The firm specializes in managing over USD 3 billion in assets, primarily invested in high-impact companies across 90 emerging economies. responsAbility focuses on sectors such as financial inclusion, sustainable food, and climate finance, aligning its investments with the United Nations Sustainable Development Goals (SDGs). Since its inception in 2003, the firm has disbursed over USD 10 billion in private debt and equity, targeting non-listed companies in areas like agriculture, renewable energy, and healthcare. responsAbility typically invests between USD 0.25 million and USD 25 million, seeking to support organizations that contribute to sustainable development. The firm is owned by a mix of Swiss and international financial institutions, private investors, and its employees, and operates under the oversight of the Swiss Financial Market Supervisory Authority (FINMA).

Anand Chandani

Global Head of Agriculture Debt and Regional Director

Akshay Dua

HEAD OF SUSTAINABLE FOOD PRIVATE EQUITY APAC

Michael Fiebig

Head Financial Institutions Equity

Patrik Huber

Regional Director of Africa

Simon Hummel

Investment Professional

Enrique Hurtado

Regional Director

Cécile Koller

Regional Director of Latin America

Rochus Mommartz

Chief Execuitve Officer and Member of the Executive Management

Joseph Nganga

Regional Director Africa and Co Head Africa Energy Equity

Stefan Petter

Head Finance

Roland Pfeuti

Chief Investment Officer

Marco Rosini

Director of Sustainable Agri-Business

Maud Savary-Mornet

Regional Director, Asia Pacific

Rik Vyverman

Head Agriculture Equity and Ventures

37 past transactions

Koa Switzerland

Venture Round in 2023
Koa Switzerland GmbH, established in 2017 and headquartered in Zurich with an additional office in Achimota, Ghana, specializes in producing cocoa fruit juice, marketed under the name Koa Pure. The company captures this unique juice directly from cocoa farms in Ghana's rainforests, working closely with local small-scale farmers to ensure hygienic and environmentally sustainable extraction processes. By integrating traditional organic farming practices with modern technology, Koa Switzerland aims to minimize food waste and enhance the livelihoods of rural communities. The cocoa juice, derived from the pulp surrounding cocoa beans, not only introduces a new exotic flavor to consumers but also serves as an additional income source for farmers, creating jobs and promoting a sustainable agricultural model. This approach respects traditional farming methods while significantly increasing the utilization of cocoa fruit, showcasing a commitment to both quality and community development.

Wave Mobile Money

Debt Financing in 2022
Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money. Wave Mobile Money is on a mission to make Africa the first cashless continent. On a continent where less than 10% of the population has a bank account, Wave is building the first modern financial network — no account fees, instantly available, and accepted everywhere! It is building life-changing financial infrastructure. When mobile money succeeded in Kenya, it lifted about a million people out of poverty. And yet, over 10 years later, most Africans still lack access to affordable ways to save, transfer or borrow the money they need to build businesses or provide for their families. Wave is solving this problem by using technology to build a radically inclusive and extremely affordable financial network.
Equity Bank Kenya is a financial services provider headquartered in Nairobi, Kenya. It is licensed as a commercial bank by the central bank of Kenya, the central bank, and national banking regulator. Equity Bank Kenya Limited was incorporated in 2014 as a result of the corporate restructure of Equity Group Holdings Limited.

U Gro Capital

Debt Financing in 2022
U Gro Capital Limited is a non-banking financial company based in Mumbai, India, that specializes in providing loans to small and medium enterprises (SMEs) across various sectors. Established in 1993 and rebranded in 2018, the company focuses on financing businesses in healthcare, education, chemicals, food processing, hospitality, electrical equipment, auto components, and light engineering. By offering customized loan solutions, U Gro Capital aims to meet the specific capital needs of small businesses, thereby supporting their growth and development in the Indian market.

Satya MicroCapital

Debt Financing in 2022
Satya MicroCapital Limited, a non-banking financial company, offers micro financing services. The company provides small value unsecured loans to low income customers in urban, semi-urban, and rural areas. As of June 30, 2020, it operated through a network of 152 branches. The company was formerly known as TFC Finvest Limited and changed its name to Satya MicroCapital Limited in September, 2016. Satya MicroCapital Limited was incorporated in 1995 and is based in New Delhi, India.

Copper Mountain Energy

Debt Financing in 2021
Copper Mountain Energy is a component of renewable energy that has evolved to dominate the distributed energy market by investing in and constructing renewable energy projects. Their goal is to develop sustainable renewable energy solutions to meet all communities' and industries' global energy needs. They pledged to their partners that they would assist in lowering energy costs, offering an alternate power source, and assisting in achieving their sustainability goals.

Investree

Debt Financing in 2021
Investree is Indonesia’s leading B2B marketplace lending platform for SMEs that is fully licensed by Financial Services Authority of Indonesia (OJK) for both conventional and Shariah businesses. Investree is based in Indonesia but has grown its regional footprint in Thailand and soon to be in the Philippines. Investree's mission as marketplace is to use technology and data to provide small businesses with access to working capital solutions from retail and institutional lenders. Established in October 2015, Investree focuses on a B2B acquisition model to drive origination of SME borrowers. These include strong partnerships with ecosystems to drive origination, enhance verification and reduce cost of acquisition. These include strategic partnerships such as e-procurement platforms, payment gateway providers to source potential SME while accessing its digital footprint through the ecosystem to enhance the business process and customer experience. Led by a solid team of seasoned professionals from the financial industry with a team of 175 employees across the region Investree, by August 2019 has facilitated over USD 230 mio since inception, providing access to more than 1000 SMEs , while maintaining a robust and healthy asset quality.

ePaylater

Venture Round in 2021
ePaylater was founded in December 2015 by Aurko Bhattacharya, Prasannaa Murlidharan, Uday Somayajula, Shanmunathan Thiagaraja and Saxena. The company gives customers the option to ‘buy now and pay later’ on online portals with just one click. The customers get 14 days to make the payment and within that period they can make many more transactions via single-click checkouts and can bunch them all together to make a single payment at the end of the period.

Satya MicroCapital

Debt Financing in 2021
Satya MicroCapital Limited, a non-banking financial company, offers micro financing services. The company provides small value unsecured loans to low income customers in urban, semi-urban, and rural areas. As of June 30, 2020, it operated through a network of 152 branches. The company was formerly known as TFC Finvest Limited and changed its name to Satya MicroCapital Limited in September, 2016. Satya MicroCapital Limited was incorporated in 1995 and is based in New Delhi, India.

Utkarsh Small Finance Bank

Venture Round in 2021
Utkarsh Small Finance Bank provides a range of banking services.

Fourth Partner Energy

Debt Financing in 2020
Fourth Partner Energy is a prominent provider of turnkey rooftop solar energy solutions in India, focusing on the manufacture and implementation of solar energy applications. Founded in 2010 and based in Hyderabad, the company specializes in products such as solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. It aims to develop and manage a significant portfolio of decentralized solar power assets, positioning itself as a leader in the renewable energy sector. Fourth Partner Energy offers comprehensive services, including evaluation, design, planning, procurement, construction, operation, maintenance, and financial structuring. The company holds certifications for quality and environmental management, and is recognized as a partner with various state agencies, demonstrating its commitment to sustainable energy solutions and improved power generation facilities.

SK Finance

Debt Financing in 2020
SK Finance operates as a non-banking finance company based in Jaipur, India. Established in 1994, the company specializes in providing a range of financial products, including vehicle loans aimed at entrepreneurs in semi-urban and rural areas, loans for farmers to acquire new or pre-owned tractors, and pre-owned vehicle loans for both self-employed individuals and salaried employees. Additionally, SK Finance offers loans tailored for micro, small, and medium enterprises across diverse sectors, such as general commodities, lifestyle products, health and medical supplies, and construction materials. The company also provides two-wheeler loans for individuals. SK Finance has a robust presence with 325 branches across several states, including Gujarat, Rajasthan, Haryana, Punjab, Maharashtra, and Madhya Pradesh.

Origo Commodities

Venture Round in 2019
Origo Commodities India Pvt. Ltd. provides post harvest management services for agricultural commodities. Its solutions include commodity handling and collateral management services for producers, processors, corporate houses, and financial institutions. The company provides procurement, professional warehousing, quality certification and gradation, preservation of stock, delivery points for commodity exchanges, audit and surveillance, and trading and other value-added services. Origo Commodities India Pvt. Ltd. was incorporated in 2011 and is headquartered in Gurugram, India.

Origo Finance

Venture Round in 2019
Origo Finance Private Limited, founded in 2016 and based in Hyderabad, India, specializes in providing financial services to rural and agricultural sectors. The company offers a variety of financing solutions tailored to farmers, traders, processors, retailers, and micro, small, and medium enterprises (MSMEs). Its services include warehouse receipt finance, which provides financial assistance to small and marginal farmers, as well as working capital finance against agricultural produce. Additionally, Origo Finance extends loans specifically for MSMEs and the dairy sector, and offers agricultural marketing services. The company received its non-banking financial company (NBFC) license from the Reserve Bank of India in 2017, and its leadership team has extensive experience in finance and agriculture, totaling over 100 years.

Aye Finance

Debt Financing in 2019
Aye Finance is a finance company that provides business loans to micro and small businesses in Northern India.The company's mission is to provide innovative and customer-centered financial services to micro and small business through effective technology and robust processes. It works with a relevant technology to facilitate better financial inclusion and to consequently serve micro-enterprises. Aye Finance was founded in 2014 and is headquartered in Gurgaon, Haryana, India.
Satin Creditcare Network provides financial assistance to households, excluded from the ambit of mainstream financial service providers. The company offers financial products in the Non-MFI segment, a housing finance subsidiary, and business correspondent services, and similar services to other financial Institutions through Taraashna Services Limited, a business correspondent company and a subsidiary of Satin Creditcare Network. The company also incorporated a housing finance subsidiary which is Satin Housing Finance Limited or SHFL for providing loans to the affordable housing segment. This extension is to provide financial products that cater to the undeserved segments of the market. The company's operations is based on the Joint Liability Group model, which enables people to deliver collateral-free, microcredit facilities to economically active women in rural and semi-urban areas, who have limited access to mainstream financial service providers. It also offers loans to individual businesses and MSMEs, product financing for the purchase of solar lamps, as well as loans for the development of water connections, and sanitation facilities. Satin Creditcare Network focuses on rural and semi-urban areas, securing that its services reach those regions that usually face low or at best, moderate rates of penetration by other microfinance institutions. Satin Creditcare Network was founded in 1990 and is headquartered in Gurugram, Haryana, India.

Samunnati

Series D in 2019
Samunnati is a provider of financial intermediation, market linkages, and advisory services that are used to enhance the value of all players across the agriculture value chain. The company aims to provide underserved households access to markets through financial intermediation and advisory services by focusing on the key economic drivers of a district. The objective is to aid the enterprises and value chains to operate at a higher level of productivity thereby creating value for all the stakeholders engaged in it. Samunnati was established in 2014 and is headquartered in Chennai, Tamil Nadu.

Electronica Finance

Venture Round in 2019
Electronica Finance Limited (EFL) is one of the leading Non-Banking Finance Companies (NBFC) with 33 branches across India. Incepted in the year 1990, EFL was amongst the first few NBFC’s to provide loans for Machinery purchase. Over the years, EFL has diversified into various segments catering to a large product portfolio that includes Business loans, Working Capital loans & Industrial Property loans in addition to our flagship product of Machinery loans.

PEG

Series C in 2019
PEG, founded in 2013 by Hugh Whalan and Nate Heller, is an asset financing company headquartered in Accra, Ghana. The company specializes in selling Pay As You Go solar energy products to off-grid customers in Ghana, Côte d'Ivoire, and Senegal. PEG's offerings enable customers to access improved lighting, mobile phone charging, and essential appliances such as radios and televisions. By providing financing for these solar home systems, PEG aims to enhance the quality of life for its customers while promoting sustainable energy solutions in underserved regions.

PEG

Debt Financing in 2019
PEG, founded in 2013 by Hugh Whalan and Nate Heller, is an asset financing company headquartered in Accra, Ghana. The company specializes in selling Pay As You Go solar energy products to off-grid customers in Ghana, Côte d'Ivoire, and Senegal. PEG's offerings enable customers to access improved lighting, mobile phone charging, and essential appliances such as radios and televisions. By providing financing for these solar home systems, PEG aims to enhance the quality of life for its customers while promoting sustainable energy solutions in underserved regions.

Satya MicroCapital

Venture Round in 2018
Satya MicroCapital Limited, a non-banking financial company, offers micro financing services. The company provides small value unsecured loans to low income customers in urban, semi-urban, and rural areas. As of June 30, 2020, it operated through a network of 152 branches. The company was formerly known as TFC Finvest Limited and changed its name to Satya MicroCapital Limited in September, 2016. Satya MicroCapital Limited was incorporated in 1995 and is based in New Delhi, India.
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Kinara Capital

Debt Financing in 2018
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.

d.light

Debt Financing in 2018
d.light is a company that designs, manufactures, and distributes solar lighting and power products, primarily aimed at households and small businesses lacking reliable electricity. Founded in 2007 as a for-profit social enterprise, d.light has developed a range of products, including solar lanterns, home systems, and various appliances, to serve over 2 billion people globally. With distribution hubs in East and West Africa, India, Southeast Asia, and the United States, the company has reached over 65 million individuals, providing affordable and accessible solar solutions. d.light is committed to transforming energy usage and payment methods, enhancing the quality of life for users in rural and semi-urban areas through its innovative solar-powered products. The company operates from its headquarters in Palo Alto, California, with additional offices in key locations such as Shenzhen, China; Gurgaon, India; Nairobi, Kenya; Kampala, Uganda; and Lagos, Nigeria.

Samunnati

Series C in 2018
Samunnati is a provider of financial intermediation, market linkages, and advisory services that are used to enhance the value of all players across the agriculture value chain. The company aims to provide underserved households access to markets through financial intermediation and advisory services by focusing on the key economic drivers of a district. The objective is to aid the enterprises and value chains to operate at a higher level of productivity thereby creating value for all the stakeholders engaged in it. Samunnati was established in 2014 and is headquartered in Chennai, Tamil Nadu.

Sun King

Private Equity Round in 2017
Greenlight Planet Inc develops and manufactures solar lighting and energy devices. It manufactures solar lighting devices, including solar lamps, solar lanterns with mobile charger, and home energy systems. The company offers its products through a network of distributors and it also offers its product online. The company was founded in 2007 and is based in Chicago, Illinois with additional offices in Mumbai, India; and Nairobi, Kenya.

SolarNow

Debt Financing in 2017
SolarNow Services (U) LTD designs, develops, and sells solar systems. It offers household solutions, which include radio torches, flat iron, clippers, lightpacks, floodlight packs, decoders, fridges, solar laptop chargers, and TVs and DVDs: and farming solutions that include solar water pumps; small business solutions, and corporate solutions. The company was founded in 2011 and is based in Kampal, Uganda. It has branch locations in Uganda and Kenya. SolarNow Services (U) LTD operates as a subsidiary of SolarNow B.V.

M-KOPA

Debt Financing in 2017
M-KOPA Kenya Limited, established in 2011 and headquartered in Nairobi, specializes in developing and marketing solar home systems designed for off-grid customers. The company offers a range of solar products, including systems equipped with lights, phone charging capabilities, and solar-powered radios. M-KOPA began commercial operations in Kenya in 2012 and has since expanded its services to Uganda and Tanzania. The company operates through a network of over 1,000 retail agents and shops, employing a team of more than 500 staff. M-KOPA is recognized for its innovative "pay-as-you-go" energy services, which leverage a proprietary technology platform that integrates mobile payments and asset financing, facilitating access to affordable energy solutions for underserved communities. The firm is also exploring opportunities to license its technology to reputable partners in markets beyond East Africa.

Fawry

Private Equity Round in 2017
Fawry for Banking Technology and Electronic Payments S.A.E. is an electronic payment network based in Giza, Egypt, founded in 2008. The company provides a wide range of financial services to both consumers and businesses, facilitating payment solutions through various channels including online platforms, ATMs, mobile wallets, and retail locations. With a network of approximately 111,000 service points, Fawry caters to around 20 million customers, including individuals, businesses, and financial institutions. Its offerings encompass payment gateways, e-commerce solutions, bill payments, customer acquisition, and business-to-business collection services. Fawry's extensive network includes small retailers, pharmacies, and post-offices, all equipped with point-of-sale systems to enable convenient and reliable transactions.

Sohan Lal Commodity Management

Secondary Market in 2017
Sohan Lal Commodity Management Pvt Ltd, based in New Delhi, India, specializes in agricultural commodity warehouse management and procurement services. Founded in 1971, the company provides a range of offerings, including commodity warehousing, agricultural financing, collateral management, risk mitigation, and analytical services. Its Commodity Market Intelligence division conducts primary and secondary crop surveys and monitors crop cycles. The company also ensures quality testing of agricultural products and offers pest control and disinfestation services for stored grains. In addition, Sohan Lal Commodity Management provides assaying, trade and export services, and skill-building initiatives. Its diverse clientele includes farmers, processors, millers, traders, importers, exporters, commodity exchanges, and government entities, with operations extending across India and into Myanmar.

Exten

Series A in 2017
Exten provides invoice financing solutions to small and medium businesses.

Zola Electric

Debt Financing in 2016
Zola Electric provides off-grid solar solutions primarily for African markets, focusing on Tanzania, Rwanda, Ghana, and the Ivory Coast. The company offers solar home kits that can be either leased or purchased, utilizing a pay-as-you-go micro-finance model that accommodates various income levels. By employing advanced solar, battery, and power electronics technology, Zola Electric delivers renewable energy systems tailored to the needs of individual households and businesses in rural communities. Since its inception in 2012, the company has powered over 180,000 homes and businesses. Formerly known as Off-Grid Electric Tanzania Limited, it rebranded to Zola Electric in July 2018 and has established its headquarters in Arusha, Tanzania, with an additional office in San Francisco, California. The company has garnered recognition through various awards and has attracted investment from notable firms, including Tesla and EDF.

Gibss

Series A in 2015
GIBSS, a WWF ClimateSolver Partner and a pioneer in high performance building systems, helps businesses reduce operating costs in their buildings by up to 60% through a suite of ultra energy efficient products in the area of air conditioning, hot water generation and lighting. GIBSS Geothermal air conditioning, hot water cogeneration systems and LED technologies are offering compelling triple bottom line benefits to over 250 commercial and industrial buildings across India. With its zero initial investment or Pay from Savings model and performance bank guarantees, GIBSS has made state of the art technologies commercially viable to its clients. GIBSS has been recognized for its contribution to innovation and economic impact by the Ministry of Science & Technology, Government of India through the India Innovation Award.

Punjab Renewable Energy Systems

Venture Round in 2013
Punjab Renewable Energy Systems Private Limited engages in plantation, procuring, storing, preserving, processing, and supplying biomass. Its products and services include generation of bio-energy, briquetting and pelleting, steam supply contracts, build own operate and transfer, assessment and validation studies, operation and maintenance, project management consultancy, energy audit, and energy plantation. The company was incorporated in 2011 and is based in Navi Mumbai, India.
DesiCrew Solutions Pvt. Ltd, a business support services company, provides business process outsourcing services to clients. The company offers data entry, digitization, data conversion, data validation and cleansing, data enhancement, and extract transform loads; content support, social media support, E-commerce support, digital asset management, machine learning, testing, and catalog management; and lead generation and customer interaction management. It serves mass media corporations, online donation platforms, multinational technology companies, FMCG, telecom service providers, Bollywood portal, and restaurant directory. The company was founded in 2007 and is based in Chennai, India with a location in Bengaluru, India.