Vineet Rai is the Founder of Aavishkaar Group and chairs its Board and Group Executive Council. Aavishkaar Group is an Impact Investment Platform impacting millions of people in Asia and Africa using an entrepreneurship-based development approach.
Vineet believes in building impact ecosystems to deliver real Impact as enshrined in the vision of Aavishkaar Group “We exist to bridge the Opportunity gap for the Emerging 3 Billion”. Vineet believes that Impact Investing has the potential to change the world of finance irreversibly.
The Group’s ecosystems include Aavishkaar Capital – the Impact fund manager focused on Global South, Arohan – One of India’s largest & most digitally advanced microfinance institution (MFI) targeting low income households, Ashv Finance – a Fin Tech NBFC, offering unique cash flow based business loans to Micro, Small & Medium Enterprises and IntelleCap –building Impact Ecosystems globally.
Aavishkaar Group has 8000 employees, manages assets in excess of US $ 1.2 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.
In 2022, Vineet was appointed on the G20 Start up 20 Engagement Group Task Force on Sustainability and Securities and Exchange Board of India has appointed him on Advisory Committee of the Social Stock Exchange. Vineet has also served on the advisory committee of SEBI for the formation of Social Stock Exchange, 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
Driving on Indian roads is one of his passions and he tries to cover 50,000 KM every year.