Founder, Aavishkaar - Intellecap
Vineet Rai is the Founder of Intellecap-Aavishkaar group. (www.aavishkaar.in and www.intellecap.com) and chairs the Group and its Executive Council. Vineet serves as a Commissioner at the Global Commission of Business and Sustainable Development launched at Davos 2016 and as advisor to The United Nations Economic and Social Commission for Asia and the Pacific Science Technology and Innovation Advisory Board.
Aavishkaar is a pioneer Impact Investment fund with more than US$ 200 million under management and invests in India, South Asia and South East Asia.
Intellecap provides thought leadership to the idea of using Business as an approach for development and works with Corporate, Enterprises, Investors and Governments to build economic engagement with the low income population. The group subsidiaries include Arohan, a Microfinance company, Intellegrow, a Venture Debt Company, Intellecash, a Microfinance incubation company. Intellecap’s other pioneering initiatives include I ‘Cube” N – India’s first Impact Angel Network and SANKALP Forum, one of the foremost Global platform for Inclusive engagement. Intellecap operate across Asia and Africa with offices in India, East Africa and Indonesia.
Vineet has received numerous awards including the G 20 – SME Innovation in Finance Award 2010 in Seoul, South Korea, UNDP-IBLF –ICC World Business Award 2005 in New York and Lemelson Award for Social Venture Investing from A. P. J Abdul kalam, Honorable Ex-President of India.
He has also received the Ashoka Fellowship and Honorary Membership of XLRI Alumni Association and serves on the advisory board of Tibetan Development Board. Recently on behalf of the group he received the prestigious Porter Prize 2016 for “Enabling Social Progress”. Driving on Indian roads is one of his passions and he tries to cover 50,000 KM every year.