Initiatives

Capital where it counts.

From pioneering financial-inclusion vehicles to active funds across agriculture and SMEs, our portfolio reflects two decades of disciplined, impact-focused investing.

Track record

Vehicles that shaped the sector.

Financial inclusion

Bellwether Microfinance Fund

The first domestic pool of capital in India dedicated to providing equity and debt to start-up and early-stage microfinance institutions.

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Financial inclusion

India Financial Inclusion Fund

Invested growth capital in financial inclusion and in start-up or early-stage affordable housing and last-mile banking.

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Debt

Caspian Impact Investments

Established to address the need for debt among fast-growing, early-stage impact enterprises otherwise compelled to grow through dilutive equity.

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Track record companies

A selection of past equity investments from Bellwether and IFIF — including institutions that went on to become listed entities and small finance banks.

Active initiatives

Where we work today.

SME

Caspian SME Impact Fund

Backing small and medium enterprises that deliver measurable impact across our focus sectors.

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Agriculture

Caspian Leap for Agriculture Fund (LeAF)

Investing along the agricultural value chain to strengthen livelihoods, efficiency and resilience.

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Proprietary

Proprietary Portfolio — Direct & Funds

Direct investments and Fund investments made from our own balance sheet.

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Active portfolio companies

Enterprises across our active funds and initiatives.