We believe in the power of business to end poverty and the climate crisis.

Navaka Social Business Fund Bengaluru

The Navaka Social Business fund (Formerly known as Yunus Social Business Fund Bengaluru Pvt Ltd ) was founded on the philosophy of “social business”—using business tools to solve social problems such as poverty, waste, livelihoods and other issues. This approach draws inspiration from Muhammad Yunus, globally acclaimed for his pioneering work in microfinance and poverty alleviation.

Navaka Social Business fund Pvt Ltd (NSBF) is an RBI-regulated NBFC was established in 2017 for providing debt funding to Indian social businesses. NSBF has also promoted Zero Poverty Funds, an AIF (SEBI registered) dedicated to invest in WASH and waste-related businesses.

NSB’s founders have their roots in social development and microfinance. Vinatha M Reddy, who was a Founder and Chairperson and Suresh Krishna was the Co-promoter & MD of  Grameen Koota (currently known as CreditAccess Grameen) a leading microfinance institution (MFI) in India.

Navaka is committed to fund and support businesses that are solving human problems. With specific focus in housing, healthcare, education and agriculture, Navaka Social Business Fund is set to provide financing solutions to game-changing businesses.

‍ ‍Our long-term, patient loans and hands-on growth support are delivered by our teams of local professionals, partnering with social businesses to help them flourish.

We are based in Bangalore, Karnataka.

Moments of hope and transformation

Navaka Social Business Fund’s mission is to promote social business as a sustainable alternative to long-term aid, bridging the gap between business and philanthropy.

What is a Social Business?

A social business is a company with a social mission at its core. Set up to solve a specific problem to the benefit of poor or disadvantaged members of society, social businesses operate exactly like normal companies except for a few small differences.
Unlike a charity, a social businesses generates profit and aims to be financially self sustaining. Removing the need for fundraising allows social businesses to re-invest profits back into generating sustainable social impact.
A social business is either created by the disadvantaged population it serves or serves them as its primary customers, and 100% of the company’s profits are reinvested in continuing the company’s social mission.

Principles of Social Business

Our guiding principles

1. Goal is to solve social or environmental problems
2. Financial and economic sustainability
3. Debt repaid to investors. No further returns, profits or dividends
4. Reinvest for expansion or seeding other social businesses
5. Practice environmental consciousness
6. Market wages and better working conditions
7. Do it with joy

We are proud of our talented, experienced and innovative team, whose members are based throughout the world.

Team

Governing Board

Investment Committee

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