Lok Capital
Lok Capital Group is a private equity and venture capital arm of Lok Foundation specializing in growth, seed, startup, early venture, emerging growth, mezzanine, bottom-of-pyramid customer segment investments in the Fintech sector. The firm seeks to facilitate affordable financial services to low income households. It invests in microfinance companies, small business finance, commercial vehicles finance, credit agencies, insurance, financial services, healthcare, energy which includes solar and bio-mass, renewable energy such as solar space and more as a B2C (business-to-consumer) type of product, agriculture sectors with a focus on businesses that create value for small and marginal farmers, farm, public health, education, employment, water, sanitation, and retail, and on businesses that create a social impact in the areas of financial inclusion, education, healthcare, and livelihoods. It prefers to invest in companies which have not received the small finance bank (SFB) license. It focuses on investments in India, Minneapolis Area, and Saint Louis Area. It seeks to invest between $1 million and $7 million. Lok Capital Group was founded in 2002 is based in Haryana, India with additional offices in Mauritius; Chennai, India; and Mumbai, India.
41 past transactions
Ummeed Housing Finance Private Limited
Series B in 2017
Ummeed Housing Finance is a housing finance company that provides home loans and loan against property to lower and middle income families. The company aims to help people with informal incomes, who have limited access to organized finance and who constitute significant portion of the Indian population.
Ummeed Housing Finance's services include issuance of home loans and loan against property to improve operational efficiency and reduce turnaround time for customers, enabling low and middle income households to get access to affordable housing loans in an innovative and personalized manner.
Janalakshmi
Series A in 2007
Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved, with the promoter stake held in the not-for-profit entity Janalakshmi Social Services. This is the only NBFC in India structured in such a manner, with the deliberate intent of keeping the social spirit intact.
Janalakshmi Financial Services' market-based approach to financial inclusion is defined by three distinct characteristics: first, an exclusive focus on servicing the needs of the urban poor; second, a strong customer-value driven approach in designing financial products and services; third, the centrality of technology and processes as the foundation of a scalable enterprise.
Hippocampus Learning Centres
Series A in 2012
Hippocampus Learning Centres (HLC) aims to address the growing demand for quality education in India by providing a specialized curriculum that will better prepare children for advanced education and employment opportunities. HLC recruits, trains, and manages a network of teachers in rented village centers, and charges an affordable monthly fee for quality educational services based on international best practices.
Everest Edusys and Solutions
Series A in 2014
QED intends to make science learning inclusive, relevant and more importantly universally accessible for all boys and girls - young budding scientists. QED is neither a school nor a laboratory. QED is quite aptly called The Center For The Art Of Science.
Affordplan
Series B in 2018
Emerging from an intent to enable affordability to millions of ailing commoners, Affordplan provides tailored financial planning solutions that allow the people to plan, save & pay for their medical expenses beforehand. From pre-planned procedures like cosmetic dentistry to chronic or intensive conditions like cardiac care, an Affordplan is of aid to a diversified range of medical treatments.
Arohan Financial
Venture Round in 2008
Arohan is one of the few NBFC-MFIs in India to offer loans ranging from INR 10000 to as high as INR 100 lakh. It works with strong, local partners on the ground to further improve its reach in the remotest locations of its focus low-income geographies. Arohan also offers financial safety net products such as and non-financial products to its customers at affordable costs.
Suryoday Small Finance Bank Limited
Venture Round in 2020
Suryoday Micro Finance is a registered non-banking finance company that provides loans to women from economically weaker sections and unable to access traditional banking services. It offers products and value-added services to the economically challenged people by helping them generate higher incomes, build an asset base, and achieve a sustainably better standard of living. The company’s objective is to reduce poverty in its area of operation.
RuralShores
Venture Round in 2010
RuralShores is a social enterprise, pioneering the next major innovation to the corporate operating model. It is focused on providing underprivileged rural youth with sophisticated employability solutions and sustainable employment opportunities. It aims to help organizations tap the talent and markets of rural India and in the process integrate rural youth into knowledge economy. It offers its clients a game changing proposition to support their operational transformation efforts and cost savings and committed service levels that are enabled through a talented and dedicated workforce. In addition, we provide non-replicable access to rural markets that is critical to companies growing in India heartland.
Ummeed Housing Finance Private Limited
Series C in 2018
Ummeed Housing Finance is a housing finance company that provides home loans and loan against property to lower and middle income families. The company aims to help people with informal incomes, who have limited access to organized finance and who constitute significant portion of the Indian population.
Ummeed Housing Finance's services include issuance of home loans and loan against property to improve operational efficiency and reduce turnaround time for customers, enabling low and middle income households to get access to affordable housing loans in an innovative and personalized manner.
Suryoday Small Finance Bank Limited
Venture Round in 2019
Suryoday Micro Finance is a registered non-banking finance company that provides loans to women from economically weaker sections and unable to access traditional banking services. It offers products and value-added services to the economically challenged people by helping them generate higher incomes, build an asset base, and achieve a sustainably better standard of living. The company’s objective is to reduce poverty in its area of operation.
SEWA
Venture Round in 2015
Self-Employed Women's Association of India (SEWA) is a trade union for poor, self-employed women workers in India. SEWA was founded in 1972 by the noted Gandhian and civil rights leader Dr Ela Bhatt. SEWA's main office is located in Ahmedabad, Gujarat, and it works in several states of India. SEWA had a membership of 966,139 in the year 2008. SEWA members are women who earn a living through their own labour or small business. They do not obtain regular salaried employment with welfare benefits like workers in the organized sector. They are the unprotected labour force of India. Constituting 93% of the labour force, these are workers of the unorganized sector. Of the female labour force in India, more than 94% are in the unorganized sector. However their work is not counted and hence remains invisible. SEWA is strongly supported by the World Bank which holds it out as a model to be replicated elsewhere
Mintifi
Series C in 2022
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.
Utkarsh Micro Finance
Series D in 2014
Utkarsh Micro Finance Private Limited is registered with Reserve Bank of India as Non Banking Finance Company (NBFC). Its registered office and corporate office is in Varanasi (Uttar Pradesh). It is started to provide financial and non financial services in its area of operations to the unbanked population who have the skill but are in need of capital. Initially it has started with credit and insurance, but eventually it will also undertake other activities to bring transformation in the lives of underprivileged.
Sewa Grih Rin
Venture Round in 2014
Sewa Grih Rin Limited, a housing finance company, provides housing loans to low-income households in India. It offers mortgage products for use in conjunction with government subsidies and tenure security; and non-mortgage loans for home and infrastructure improvements. The company was incorporated in 2011 and is headquartered in New Delhi, India.
MAS Financial Services Limited
Venture Round in 2014
MAS Financial Services Limited offers retail financing services in India. The company provides micro enterprise, two wheeler, small and medium enterprise, commercial vehicle, used car, tractor, and housing loans; and loans to micro finance institutions and non-banking financial companies. It has approximately 3,300 centers in cities of Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Tamil Nadu, and Karnataka. The company serves low and middle income individuals, as well as micro, small, and medium enterprises. MAS Financial Services Limited was founded in 1995 and is headquartered in Ahmedabad, India.
Mintifi
Seed Round in 2017
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.
Dr. Mohan's Diabetes Specialities Centre
Series A in 2017
Dr. Mohan's Diabetes Specialities Centre owns and operates diabetic hospitals in Tamil Nadu, Delhi, Andhra Pradesh, Telangana, Pondicherry, and Karnataka, India. It offers services in the areas of complete diabetes care, diabetic dental care, diabetic eye care, diabetic foot care, diabetes obesity care, and diabetes preventive care. Dr. Mohan's Diabetes Specialities Centre was founded in 1991 and is based in Chennai, India.
Akshayakalpa Farms And Foods Pvt. Ltd.
Series A in 2021
Akshayakalpa Farms And Foods Pvt. Ltd. produces and sells organic milk and milk products. It offers milk, curd, butter milk, butter, ghee, cheese, paneer, and yogurt. The company was founded in 2010 and is based in Tiptur. India.
Vistaar
Series B in 2012
The idea of Vistaar dawned on the minds of two first generation entrepreneurs, who truly believe in supporting and creating new economic opportunity through providing access to finance, to deserving small business men, to enhance and enrich their lives and the community they live in. The Company targets the missing middle segment, consisting of customers with an annual income of Rs 120000-10,00,000, which is not effectively served by the formal financial system.
Vistaar
Series B in 2012
The idea of Vistaar dawned on the minds of two first generation entrepreneurs, who truly believe in supporting and creating new economic opportunity through providing access to finance, to deserving small business men, to enhance and enrich their lives and the community they live in. The Company targets the missing middle segment, consisting of customers with an annual income of Rs 120000-10,00,000, which is not effectively served by the formal financial system.
RenewBuy
Series C in 2021
Simplest way to renew your car insurance. Get quote and insure your car in couple of minutes - no pesky calls/ salesmen...And avail best deals too..
Spandana Sphoorty Financial Limited
Venture Round in 2007
Spandana Sphoorty Financial Limited engages in the micro finance business in India. The company offers income generation loans for low-income households; loans against property; and loans for women to expand their existing income generating activities, smoothening household cash flows, and acquiring productive assets. It also provides gold loans for agriculture, business, and short-term liquidity needs; and interim loans. The company serves low-income clients in urban and rural areas. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.
Veritas Finance Private Limited
Series C in 2018
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, India.
Siddhivinayak Agri Processing
Series B in 2016
Siddhivinayak Agri Processing operates a managed potato supply chain intended to create value across the food supply chain and food processing sector. The company's managed potato supply chain offers seeds, inputs and process grade potatoes to farmers, food processors and large domestic and international snack makers, enabling them to yield large volume of potatoes for the masses.
HR Food Processing
Series B in 2016
HR Food Processing, founded by Abhinav Shah, Rakesh Sharma, Abhishek Rajan and Harsh Thakkar, started operations in May 2015 with a single processing plant in Jharkhand. The company sells two varieties of milk, besides value-added products such as paneer, curd, sweet curd, mango lassi, lassi, butter milk and pedha under the Osam brand.
Drishti Eye Care
Series C in 2019
Drishti is a social impact enterprise that provides affordable eye care in under-served markets. Our model effectively covers distributed populations across one district using a hub and spoke model.
Veritas Finance Private Limited
Series B in 2017
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, India.
Suryoday Small Finance Bank Limited
Venture Round in 2014
Suryoday Micro Finance is a registered non-banking finance company that provides loans to women from economically weaker sections and unable to access traditional banking services. It offers products and value-added services to the economically challenged people by helping them generate higher incomes, build an asset base, and achieve a sustainably better standard of living. The company’s objective is to reduce poverty in its area of operation.
Veritas Finance Private Limited
Series A in 2016
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, India.
Everest Edusys and Solutions
Series A in 2014
QED intends to make science learning inclusive, relevant and more importantly universally accessible for all boys and girls - young budding scientists. QED is neither a school nor a laboratory. QED is quite aptly called The Center For The Art Of Science.
Suryoday Small Finance Bank Limited
Venture Round in 2010
Suryoday Micro Finance is a registered non-banking finance company that provides loans to women from economically weaker sections and unable to access traditional banking services. It offers products and value-added services to the economically challenged people by helping them generate higher incomes, build an asset base, and achieve a sustainably better standard of living. The company’s objective is to reduce poverty in its area of operation.
RenewBuy
Series B in 2019
Simplest way to renew your car insurance. Get quote and insure your car in couple of minutes - no pesky calls/ salesmen...And avail best deals too..
Adro Ad Exchange
Series A in 2016
Adro Ad Exchange is a real-time advertising platform that connects a range of suppliers and real-time exchanges to secure the ad placements on various websites and applications. The platform’s direct integration enables its users to work with a variety of publishers across private and public market places.
Adro Ad Exchange works with over 50,000 publishers through its suppliers to deliver a monthly reach that represents more than 76% of online Persian users. The platform launched its demand-side platform for ad buyers and supply-side platform for inventory suppliers.
Launched in 2014 by Masoud Khosravi and Sayed Ali Jafari, Adro Ad Exchange is operated from Tehran, Iran.
Drishti Eye Care
Series A in 2013
Drishti is a social impact enterprise that provides affordable eye care in under-served markets. Our model effectively covers distributed populations across one district using a hub and spoke model.
Janalakshmi
Series A in 2008
Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved, with the promoter stake held in the not-for-profit entity Janalakshmi Social Services. This is the only NBFC in India structured in such a manner, with the deliberate intent of keeping the social spirit intact.
Janalakshmi Financial Services' market-based approach to financial inclusion is defined by three distinct characteristics: first, an exclusive focus on servicing the needs of the urban poor; second, a strong customer-value driven approach in designing financial products and services; third, the centrality of technology and processes as the foundation of a scalable enterprise.
Mintifi
Seed Round in 2018
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.
Veritas Finance Private Limited
Series E in 2020
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, India.
Drishti Eye Care
Seed Round in 2012
Drishti is a social impact enterprise that provides affordable eye care in under-served markets. Our model effectively covers distributed populations across one district using a hub and spoke model.
Ummeed Housing Finance Private Limited
Series A in 2016
Ummeed Housing Finance is a housing finance company that provides home loans and loan against property to lower and middle income families. The company aims to help people with informal incomes, who have limited access to organized finance and who constitute significant portion of the Indian population.
Ummeed Housing Finance's services include issuance of home loans and loan against property to improve operational efficiency and reduce turnaround time for customers, enabling low and middle income households to get access to affordable housing loans in an innovative and personalized manner.
Osam Dairy
Series B in 2016
Osam procures every drop of milk from a network of trained dairy farmers. The rigorous training is supplemented by quality checks at the time of procurement on a daily basis through Milk Analyser which checks the milk on pre-defined parameters. If the milk does not meet our standards on purity, quality and freshness, we reject the milk at the farm level. Once the milk comes to the plant, expert dairy professionals take over in a modern, eco friendly and hygienic infrastructural set up. The milk is neither exposed to air or human touch. We ensure that nothing but the best comes out of the ‘Osam’ plant. We are proud of our infrastructure and processes and we will be humbled if you would visit us at our plant in Patratu any time convenient for you.
