Vineet Rai

Founder and Chairman, Aavishkaar Group

Vineet Rai is the Founder of Aavishkaar group and chairs its Group Executive Council. Aavishkaar Group is an Impact Investment Platform impacting millions of people in Asia and Africa using entrepreneurship based development approach.
Vineet believes in building impact ecosystem to deliver real Impact as enshrined in the vision of Aavishkaar Group “We exist to bridge the Opportunity Group for the Emerging 3 Billion”. Vineet believes that Impact Investing has the potential to change the world of finance irreversibly.
Aavishkaar Group today comprises Aavishkaar Capital – the ground breaking Impact Investment Fund Manager, Arohan – a Microfinance Institution, IntelleGrow – a Venture Debt Company, Tribe3 – a technology enabled lending platform and IntelleCap – the Global Impact Ecosystem builder. The Group also manages Sankalp - the foremost Global platform for engagement around impact investing.
Aavishkaar Group has 6000 employees, manages assets in excess of US $ 1 Billion while trying to serve needs of entrepreneurs from debt of US $ 150 (INR 10 thousands) to equity of US $ 15 Million (INR 100 Crore) while aligning the group to 13 out of the 17 Sustainable Development Goals or SDG’s.
Vineet has received numerous awards including the Impact Investor of the Year by News Corp for 2016, Porter Prize for Strategic Leadership in Social Space, 2016, CNBC TV 18 Award for being the Catalyst Fund for India 2016, G 20 – SME Innovation in Finance Award 2010 in Seoul South Korea, UNDP-IBLF –ICC World Business Award in 2005 and Lemelson Award for Social Venture Investing. He is an Ashoka Fellow and Honorary Member of XLRI Alumni Association. Vineet recently featured on the cover of Forbes India, January 2018 issue. Paul Polman, CEO of Unilever endorsed Aavishkaar Intellecap Group for its efforts in furthering inclusive development. Vineet was invited by the Prime Minister Shri Narendra Modi for consultations on doubling the income of the farmers in September 2017 as part of his champions of change program. Vineet also serves as Commissioner at the Business Commission for Sustainable Development, as Senior Advisor to Blended Finance Working Group at OECD and as an Advisor to United Nations Economic and Social Commission for Asia and the Pacific Science Technology and Innovation Advisory Board. Vineet is also appointed by SEBI on its Working Group for Social Stock Exchange in India.
Driving on Indian roads is one of his passions and he tries to cover 50,000 KM every year.

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