VF

Valérian Fauvel

CFO and Portfolio Director

Nicholas Lazos

Investment Director and Co-founder

Past deals in Non-Profit

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.

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.

SolarHome

Series A in 2020
SolarHome Pte. Ltd. leases solar energy units for rural off-grid households in Southeast Asia. It installs integrated solar energy and appliance units in customers' homes, and offers 'rent-to-own' plans of energy service subscription. The company uses the microfinance structure, Pay-As-You-Go (PAYG), which enables users to pay a monthly fees comparable to their current expenditure on legacy energy sources. The company was founded in 2016 and is based in Singapore. The company also has operations in the Philippines, Cambodia, Myanmar, and Indonesia.

TechnifyBiz

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

Mera Gao Micro Grid Power Pvt Ltd

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.

Joma International

Venture Round in 2009
Joma International Pte. Ltd. operates bakery cafés in Vientiane, Hanoi, and Luang Prabang. It offers baked goods, cold and hot beverages, salads, sandwiches, pizzas, buns, croissants, scones, muffins, cakes and pies, bars, and soups. Joma International Pte. Ltd. was formerly known as Healthy & Fresh Bakery and changed its name in 2004. The company was founded in 1996 and is based in Hanoi, Vietnam.

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.

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.
Aashiyaan Housing and Development Finance Pvt. Ltd. is a housing finance company that provides housing finance to those in the informal sector. The company provides micro housing finance for self-construction, purchase of home and flat, home repairs and extension, and loan against property. The company caters to the low-income groups, such as grocery shop owners, eatery owners, taxi drivers, sweet shop owners, beauty parlor owners, and other kinds of small entrepreneurs. Aashiyaan Housing and Development Finance Pvt. Ltd. was incorporated in 2016 and is based in Kolkata, India.
Alliance for Microfinance in Myanmar Ltd operates as a microfinance institution. It offers financial services and education to low-income households focusing on women entrepreneurs. The company was founded in 2014 and is headquartered in Mandalay, Myanmar.
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.

SolarHome

Convertible Note in 2018
SolarHome Pte. Ltd. leases solar energy units for rural off-grid households in Southeast Asia. It installs integrated solar energy and appliance units in customers' homes, and offers 'rent-to-own' plans of energy service subscription. The company uses the microfinance structure, Pay-As-You-Go (PAYG), which enables users to pay a monthly fees comparable to their current expenditure on legacy energy sources. The company was founded in 2016 and is based in Singapore. The company also has operations in the Philippines, Cambodia, Myanmar, and Indonesia.

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.

MicroEnergy Credits, Corp.

Venture Round in 2014
MicroEnergy Credits, Corp. provides carbon finance options for microfinance institutions, international organizations, and non-for-profit organizations. It links microfinance institutions to the carbon markets when they lend for clean energy. The company also provides implementation services to help MFIs to scale up their clean energy product lines. In addition, it offers strategy and business plan development services, such as growth, operating, and competitive strategy services; pilot design services, including market assessment, financing, product design, and structuring partnership services, as well as engineering, regulatory, and environmental assessment services; program development services, such as marketing and sales force management, business process redesign, training, and procurement services; and scale up services, including managerial development, stakeholder management, and monitoring and evaluation services. The company was incorporated in 2007 and is based in Seattle, Washington.
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.

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.
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.