In September 2012, Intellecap successfully advised Arohan Financial Services on the sale of its business to IntelleCash Microfinance Network. Arohan Financial Services is a Microfinance Institution (MFI) which provides financial services to the urban and semi-urban poor in West Bengal, Bihar, and Assam, three Low Income States in India. Arohan had operations in 93 branches across 19 districts in these States, with a loan portfolio size of approximately USD 8.4 million.
NationWide Primary Healthcare provides personalised General Practitioner (GP) services and paediatric care to individuals, families, and corporate groups in India. The Company's primary focus is on proactive management of every day ailments and effectively managing chronic conditions. The Company plans to open 1,500 clinics across India over the next 5 years, revolutionising primary healthcare in the country.
In 2011, Intellecap raised USD 30 million for Bandhan, a Microfinance Institution (MFI) in India. The International Finance Corporation (IFC) was the sole investor in this transaction, and it was IFC's largest in India's microfinance sector.
Bandhan is currently the largest Indian MFI with an outstanding loan portfolio of USD 660 million. The Company provides loans, micro- pensions and remittance services to 3.8 million poor and low- income people across 18 States, including Low Income States such as Bihar, Uttar Pradesh and Jharkhand where poverty levels are the highest.
Waterlife provides safe water to underserved populations in rural India in an affordable and sustainable manner. In 2011 Intellecap raised USD 4 million for Waterlife from Matrix Partners and Aavishkaar Micro Venture Capital Fund, two experienced venture capital investors.
Since the investment was completed Waterlife increased the number of its installations from 5 to 137, grew its Clients from 1 million to over 2.6 million and expanded into 7 Indian states. In 2012 Waterlife was selected as one of the winners of the G20 Challenge on Inclusive Business Innovation.
In 2004, CGAP was looking to create a platform to facilitate knowledge exchange among the global community dedicated to advancing access to financial services. The solution was The Microfinance Gateway (MFG) (www.microfinancegateway.org) .
The Rockefeller Foundation created the Searchlight Network to conduct horizon scanning and forward-looking analysis to spot and track development trends that affect the world's urban poor population.
In India, social enterprises have become a national phenomenon in less than a decade, with a growing ecosystem of supporting players. Yet, despite this impressive growth, little is known about these social enterprises collectively: their geographic and sector distribution, business structure, stage of development, financial viability and funding sources. Intellecap proposed to conduct a survey of this "social enterprise landscape", which was supported by the International Finance Corporation (IFC) and The Rockefeller Foundation.
Access to capital and human resources are the top two challenges Indian social enterprises face. Already juggling to bring together capital, a viable business model and market knowledge, social entrepreneurs face human resource (HR) challenges that impact their ability to scale, become sustainable and achieve social impact. Intellecap partnered with Potencia Ventures and the International Finance Corporation (IFC) to study these issues in detail.
The Foreign & Commonwealth Office (FCO) of the UK supports programs to promote action on global issues in areas of strategic importance to the UK and India. FCO, through its Prosperity Fund Program, is focused on promoting sustainable global growth with the objective of long-term policy changes in key emerging economies. FCO is working with Intellecap to identify and advocate for conducive a policy framework for funding and supporting First Generation Enterprises.