Insitor Fund

Insitor Fund is a venture capital firm focused on providing financing to early-stage social enterprises that enhance access to essential services for low-income households in emerging markets. With a strong emphasis on sectors such as healthcare, education, clean energy, water sanitation, and affordable housing, the firm invests between $0.1 million and $10 million in its portfolio companies. Insitor Fund aims to make a meaningful social impact by supporting businesses that address critical needs in regions like the Mekong Delta and the Indian subcontinent. The firm typically takes a lead investor role and prefers to be actively involved in its investments, often seeking board membership to contribute its expertise in both business development and social impact. Founded in 2009 and headquartered in Singapore, Insitor Fund operates additional offices in Phnom Penh, Myanmar, and New Delhi.

Marco Aletti

Associate

ValÉrian Fauvel

Non Executive Director

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. focuses on providing solar energy solutions for off-grid households in Southeast Asia. Founded in 2016 and based in Singapore, the company installs integrated solar energy systems and appliances in customers' homes. It employs a Pay-As-You-Go (PAYG) model, allowing users to make monthly payments that align with their existing energy expenses. This approach includes "rent-to-own" plans, making solar technology more accessible to lower-income households. SolarHome addresses a significant market, with approximately 27 million households in the region lacking access to electricity, and operates in countries such as the Philippines, Cambodia, Myanmar, and Indonesia. The company aims to create a positive social impact by facilitating the adoption of renewable energy in these underserved communities.

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. focuses on providing solar energy solutions for off-grid households in Southeast Asia. Founded in 2016 and based in Singapore, the company installs integrated solar energy systems and appliances in customers' homes. It employs a Pay-As-You-Go (PAYG) model, allowing users to make monthly payments that align with their existing energy expenses. This approach includes "rent-to-own" plans, making solar technology more accessible to lower-income households. SolarHome addresses a significant market, with approximately 27 million households in the region lacking access to electricity, and operates in countries such as the Philippines, Cambodia, Myanmar, and Indonesia. The company aims to create a positive social impact by facilitating the adoption of renewable energy in these underserved communities.
Aashiyaan Housing and Development Finance Pvt. Ltd. is a housing finance company based in Kolkata, India, focused on providing financial solutions to individuals in the informal sector. Established in 2016, the company offers micro housing finance for various purposes, including self-construction, home purchases, repairs, extensions, and loans against property. Aashiyaan primarily serves low-income groups, such as grocery shop owners, eatery operators, taxi drivers, sweet shop proprietors, beauty parlor owners, and other small entrepreneurs. By catering to these underserved communities, Aashiyaan aims to facilitate home ownership and improve living conditions for its clients.
AVIOM India is an Affordable Housing Finance company facilitating families in mostly semi urban areas in realising their dream of owning their first home. They provide financial assistance for home buying, improvement, extension and construction to families from semi-formal, informal sectors. AVIOM provides home loan without any income documents. Their first loan applicant is Woman, having an average combined family .
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 that develops diagnostic devices for screening of anaemia and diabetes. The company offers SüChek, a glucometer device that detects the change in color of blood and estimates the value of glucose concentration in the blood; uChek, a smartphone based portable diagnostic system that performs a variety of tests ranging from routine urine analysis to specialized tests, such as determining the albumin to creatinine ratio in urine, as well as blood sugar tests; and ToucHb, a non-invasive diagnostic device for screening anaemia. Biosense Technologies Private Limited was founded in 2008 and is based in Mumbai, India. As of November 7, 2019, Biosense Technologies Private Limited operates as a subsidiary of Tulip Diagnostics Private Limited.

Khmer water supply

Venture Round in 2013
Khmer Water Supply Holding operates a portfolio of small-scale piped water networks that distribute clean drinking water directly to households in rural Cambodia. The company is based in Cambodia.

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.