The primary focus of the Fund was to provide financial assistance by way of equity or equity linked instruments (like convertible debentures, preference shares etc.) to companies with developmental impact in 8 Low Income States of India viz., Bihar, Uttar Pradesh, Madhya Pradesh, Odisha, Chhattisgarh, Jharkhand, Rajasthan and West Bengal. Further, these companies shall:
Be economically viable
Provide access to markets for the poor
Be socially relevant and impact the poor as customers, producers or employees
Increase the flow of capital to the above mentioned states
Focus on Environment, Social and Governance matters.
Water & Sanitation
Affordable Healthcare
Agriculture & Allied Activities
Clean Energy and Green Technologies
Financial Inclusion including MFIs/SFBs
Education and Skill Building
Livelihood Building
IT & ITES
Infrastructure