Intellecap, which helps entrepreneurs in the social sector to scale up with solutions and in facilitating funding, is embracing a tech-driven future to amplify impact and meet future challenges.
The company, which raised $25 million last year, will focus on helping firms prepare to cope with challenges in workforce from automation and artificial intelligence, digital technologies to opportunities in renewable energy, according to its Chief Executive Officer, Nisha Dutt.
In addition to being engaged with 300 initiatives across the globe, the company has invested or facilitated investments to the tune of $300 million since its inception in 2002. It extends support to start-ups through simplified access to finance for women entrepreneurs (Credit-tree), investment banking and organises Sankalp Forum, which in turn connects entrepreneurs.
Intellecap will soon go to Amsterdam to create a window to Europe. It already has presence in the US, Arica and South-East Asia, Dutt told BusinessLine . She listed AgroStar, Milk Mantra and WaterLife as three of the success stories of its investment and support services.
The company depends on a fee-based revenue model for the services it offers, which include investment banking, knowledge and information services and Prism, its impact measurement tool.
It plans to add 400-500 employees in the near term to meet global expansion plans, Nisha said. Connecting entrepreneurs and investors in the areas of energy and resource management, digital healthcare, clean tech and the emerging circular economic approach or sustainable economy will be top priority, she added.
On Credit-tree, Nisha says about 100 women with start-up ideas have been brought onto the platform in the last 18 months.
Intellecap is an enterprise of Aavishkar and has two investors — Shell Foundation and Triodos Bank.
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