VILCAP, INC.
Status: Completed investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
VilCap Inc. (dba Village Capital) (VC) is a non-profit organisation that finds, trains, and facilitates investments in entrepreneurs solving problems in two areas: Access to opportunity for underserved communities and resource sustainability of the planet. The organization's investment-readiness programs are what the founders call "problem-based", focusing on a specific social problem, and recruiting businesses targeted to solve this problem.
What is our funding objective?
Through scalable impactful business models, Indian fintech start-ups can be a powerful driver for greater financial access and inclusion. Yet early-stage entrepreneurs in India often lack the training, networks, and capital to grow. VC addresses precisely these barriers. The overall goal of the investment-readiness programs is to move early-stage companies towards growth that allows them to reach underserved communities at scale.
Why do we fund this investment?
Through this project, FMO will cultivate the ecosystem to support future innovators advancing financial inclusion in India. This aligned with the MASSIF mandate. Moreover, India is a key market for FMO and a regional fintech hub for FMO. VC pipeline, events, and community all provide opportunities for existing FMO clients and partners to engage with fintech innovations from across India while signalling FMO’s involvement in the Fintech space.
- Region
- Asia
- Country
- India
- Sector
- Financial Institutions
- Effective date
- 8/30/2017
- End date
- 8/14/2018
- Total FMO financing
- EUR 0.13 MLN
- Funding
- MASSIF