Insitor Partners

Insitor Fund is a venture capital firm dedicated to financing early-stage social enterprises that enhance access to essential services for low-income households in emerging markets. It primarily focuses on sectors such as healthcare, education, affordable housing, clean energy, and water sanitation. The firm typically invests between $0.1 million and $10 million, with an investment timeframe of five to seven years. Insitor Fund emphasizes collaboration and often takes board positions in its portfolio companies while offering both business development and social impact expertise. Headquartered in Singapore, with additional offices in Phnom Penh, Yangon, and New Delhi, Insitor Fund aims to support enterprises that foster sustainable growth and improve living conditions in regions like the Mekong Delta and the Indian Subcontinent.

Sohail Rana

Senior Associate

21 past transactions

CreditFix

Convertible Note in 2021
CreditFix is a Shariah-based lending solutions and financial services, particularly targeting Micro, Small & Medium Enterprises (MSME). It is a licensed lending platform that does data driven decision making and assessment for individual and small businesses with speed, with the ability to entertain.By adopting new technology such as Artificial Intelligence (AI) to reduce the operating cost of disbursing loans, Creditfix utilizes its mobile application platform to underwrite and extend asset-backed, productive loans starting from USD 60 to USD 600.

Boost Capital

Seed Round in 2021
Boost Capital specializes in microfinance technology that helps in offering loans through smartphones.

SolarHome

Series A in 2020
SolarHome Pte. Ltd. is a company based in Singapore that focuses on providing solar energy solutions to off-grid households in Southeast Asia. Founded in 2016, it specializes in the installation of integrated solar energy and appliance units, offering customers affordable rent-to-own plans through a Pay-As-You-Go (PAYG) model. This approach allows users to pay monthly fees that are comparable to their existing expenditures on traditional energy sources, significantly lowering the barriers to adopting solar technology. SolarHome aims to make a substantial social impact by serving around 27 million households in the region that lack access to the electric grid. The company's operations extend to several countries, including the Philippines, Cambodia, Myanmar, and Indonesia.

WizKlub

Seed Round in 2020
WizKlub Learning Pvt. Ltd provides education through an AI- powered technology platform. The company develops the WizKlub HOTS program, an online application to develop reasoning, comprehension, critical thinking and problem-solving skills of students. It provides daily quizzes, self-practice models, and skill enhancement programs. It offers membership services to individuals. Additionally, the company provides WizKlub SmartTech Program, which offers fun robots, smart devices, accessories, and apps to develop coding skills. It owns and operates education centers throughout Bengaluru. The company was incorporated in 2014 and is based in Bengaluru, India.

Farmley

Seed Round in 2020
Farmley is a digital B2B marketplace for non-perishable food commodities, including nuts, seeds, dry fruits, specialty grains, and honey.

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.

SolarHome

Convertible Note in 2018
SolarHome Pte. Ltd. is a company based in Singapore that focuses on providing solar energy solutions to off-grid households in Southeast Asia. Founded in 2016, it specializes in the installation of integrated solar energy and appliance units, offering customers affordable rent-to-own plans through a Pay-As-You-Go (PAYG) model. This approach allows users to pay monthly fees that are comparable to their existing expenditures on traditional energy sources, significantly lowering the barriers to adopting solar technology. SolarHome aims to make a substantial social impact by serving around 27 million households in the region that lack access to the electric grid. The company's operations extend to several countries, including the Philippines, Cambodia, Myanmar, and Indonesia.
Aashiyaan Housing and Development Finance Pvt. Ltd. is a housing finance company based in Kolkata, India, established in 2016. The company specializes in providing housing finance solutions to individuals in the informal sector, focusing on low-income groups such as small business owners and entrepreneurs. Aashiyaan offers micro housing finance products for various needs, including self-construction, home purchases, repairs, extensions, and loans against property. By targeting the underserved population in semi-urban and rural areas of eastern India, Aashiyaan aims to facilitate home ownership and improve living conditions for its clients, thereby addressing their financial needs effectively.
Aviom India Housing Finance Pvt Ltd. is a housing finance company established in 2016 and based in New Delhi, India. The firm specializes in providing affordable home loan services primarily to low-income individuals and families in semi-urban areas. Its offerings include financial assistance for purchasing, improving, extending, and constructing homes, as well as loans for sanitation and short-term business needs. Notably, Aviom facilitates access to home loans without requiring income documentation, making it easier for families from semi-formal and informal sectors to realize their dream of homeownership. The company's focus is on empowering first-time homebuyers, with a particular emphasis on supporting women as primary loan applicants. Aviom operates additional offices across various cities, including Ajmer, Bhilwara, and Jodhpur, to extend its reach and services.
Alliance for Microfinance in Myanmar Ltd is a microfinance institution based in Mandalay, Myanmar, established in 2014. It primarily provides financial services and education to low-income households, with a particular focus on supporting women entrepreneurs. The institution operates as a for-profit entity while adhering to principles of social performance management, aiming to promote client protection through its endorsement of the Smart Campaign. Alliance for Microfinance aspires to comply with the Universal Standards for Social Performance Management, which highlights its commitment to social impact alongside financial sustainability. Founded through a partnership between FIDES of Switzerland and BASIX of India, Alliance aims to play a significant role in the emerging microfinance sector of Myanmar, contributing to poverty alleviation and economic growth.

Mera Gao Power

Venture Round in 2017
Mera Gao Power builds and operates village-based solar micro grids to provide electricity to off-grid households in Uttar Pradesh, India. MGP’s lighting facilities generate electricity through centrally-located solar panels and distribute it across the village to power LED lights and mobile phone chargers in customers’ households. These facilities offer MGP’s customers both a lower priced and higher quality lighting alternative to kerosene.

Edubridge

Series A in 2016
EduBridge is an organization started by a group of alumni and professors from IIM Bangalore & Lucknow in 2009. EduBridge works towards transforming the lives of the unemployed youth in the country across urban, semi-urban and rural areas. EduBridge provides them with a commercially relevant training at their doorstep and arm them with the necessary skill sets and mindset to succeed in their professional careers and thus help transform their lives.

Mera Gao Power

Seed Round in 2014
Mera Gao Power builds and operates village-based solar micro grids to provide electricity to off-grid households in Uttar Pradesh, India. MGP’s lighting facilities generate electricity through centrally-located solar panels and distribute it across the village to power LED lights and mobile phone chargers in customers’ households. These facilities offer MGP’s customers both a lower priced and higher quality lighting alternative to kerosene.

Microenergy Credits

Venture Round in 2014
MicroEnergy Credits is a social enterprise focused on providing clean energy products to consumers in developing countries. The company facilitates microfinance institutions in establishing clean energy lending programs, enhancing these initiatives through cloud-based technology and last-mile services, and leveraging carbon finance to scale operations. Its product offerings include efficient heating and cooking stoves, solar and LED lighting solutions, solar home systems, and water purification systems. One of its key products is the Clean Household Package, which typically includes a solar light, an efficient stove, and a water filter, tailored to local market needs and customer feedback. This package is designed to be affordable, allowing consumers to repay microloans within eight months. Established in 2007 and headquartered in Seattle, Washington, MicroEnergy Credits also provides a range of services, including strategy development, pilot design, program management, and scale-up assistance to support the growth of clean energy initiatives among microfinance institutions.

Biosense

Venture Round in 2013
Biosense Technologies Private Limited is a medical engineering and design company based in Mumbai, India, founded in 2008. The company specializes in developing innovative diagnostic devices aimed at improving healthcare delivery, particularly for conditions such as anemia and diabetes. Its product lineup includes SüChek, a glucometer that estimates blood glucose levels through color change detection, and uChek, a portable smartphone-based diagnostic system for various tests including urine analysis and blood sugar monitoring. Notably, Biosense's ToucHb device offers a non-invasive method for screening anemia by measuring hemoglobin levels without the need for needles. The company focuses on addressing significant healthcare challenges through technology, thereby enhancing the quality and accessibility of medical services. As of November 2019, Biosense operates as a subsidiary of Tulip Diagnostics Private Limited.

Khmer water supply

Venture Round in 2013
Khmer Water Supply Holding is a company based in Cambodia that operates a network of small-scale piped water systems. These systems are designed to provide clean drinking water directly to households in rural areas, addressing the critical need for safe water access in these communities. By focusing on local distribution, Khmer Water Supply aims to improve the quality of life for residents and promote better health outcomes through reliable water supply services.

Mera Gao Power

Seed Round in 2012
Mera Gao Power builds and operates village-based solar micro grids to provide electricity to off-grid households in Uttar Pradesh, India. MGP’s lighting facilities generate electricity through centrally-located solar panels and distribute it across the village to power LED lights and mobile phone chargers in customers’ households. These facilities offer MGP’s customers both a lower priced and higher quality lighting alternative to kerosene.

Ansaar Management Company

Venture Round in 2009
Providing quality housing at affordable prices for low income families in Pakistan. In addition mortgage facilities have been negotiated with a local bank in order to finance clients. Finally, an added benefit are schools and community centers that are being funded through charities to help further enhance the project.

First Finance MFI

Venture Round in 2009
The company is focused on providing a long-term Home Loan and medium-term Home Improvement Loans to underserved low-middle income Cambodian households who do not have access to formal commercial lending.

Joma Bakery Café

Venture Round in 2009
Joma International Pte. Ltd. operates a chain of bakery cafés in Vientiane, Hanoi, and Luang Prabang, offering a diverse menu that includes baked goods, beverages, salads, sandwiches, pizzas, and various desserts. Founded in 1996 and originally known as Healthy & Fresh Bakery, the company rebranded in 2004. Joma emphasizes social responsibility by providing sustainable employment opportunities to at-risk women and victims of abuse, violence, and human trafficking, thereby promoting community welfare while serving quality food and coffee.
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