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May 09, 2016

Michael And Susan Dell Foundation allocates $50 Mn to fund Indian startups: Inc42

In a boost to social entrepreneurship in India the Michael And Susan Dell Foundation (MSDF) has further allocated $50 million for India startups according to an Inc42 article, which features Venture Intelligence data from our Social VC/Impact Investing Report:
"According to experts, impact investing in India has remained largely stagnant in terms of deal activity, over the last two years. As per the data by Venture Intelligence, 2015 and 2014 saw transactions worth $104 Mn spread over 57 deals and $106 Mn across 49 transactions, respectively. While the year 2016 has seen 14 transactions so far, amounting to $42 Mn."
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