Welcome to the world of impact investment.
Time for meaningful growth is now
The pursuit of excellence with pioneers,
ESG First Fund is an impact credit fund and the eighth fund by Aavishkaar Capital, which pioneered the venture capital approach of investing in early-growth stage enterprises in India in 2001 — with a focus on geographies and sectors that were often overlooked and challenging to invest in.
Aavishkaar Capital has so far raised 8 funds with a combined AUM of about $500 million and has impacted 120 million lives. In addition to offering commercial returns to its investors, the firm supports ambitious and innovative entrepreneurs to generate livelihoods, create environmental sustainability, and eliminate vulnerabilities — by enabling access to basic products and services to the target population.
Partner in change KfW Development Bank
On behalf of the German Federal Government, KfW Development Bank undertakes Financial Cooperation (FC) initiatives for developing nations and emerging economies. The bank employs approximately 1,000 professionals at its headquarters in Frankfurt am Main and over 400 specialists in more than 60 International sites, who collaborate with partners on a global scale.
Their mission is to conquer poverty, establish peace, safeguard the environment and climate, and foster fair globalisation. For modern development policy challenges, KfW is an accomplished and strategic counsel.
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
The initiative is working on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.
FEDERAL MINISTRY FOR ECONOMIC COOPERATION AND DEVELOPMENT
The motivation for creating this fund is the increasing interest of European buyers in socially fair and environmentally friendly production of their purchases.
The German government has established a new law requiring German businesses to include this in their supplier’s due diligence. A similar European law is expected to follow. These developments illustrate the subject’s importance for the European market.
The Fund’s mission is to support SMEs in the target region and to strengthen their capabilities and standards to meet the increasing consumer demands.