Arohan Financial Services Limited | Annual Report 2021-22
INVESTOR PROFILE Promoter Aavishkaar Group The Aavishkaar Group are global pioneers in taking an entrepreneurship-based approach towards development. The Group is focused on developing the impact ecosystem in the continentsofAsiaandAfrica. AavishkaarGroup manages assets in excess of USD 1 bn across Equity and Credit, with 7,000+ employees present across India, Indonesia, Bangladesh and Kenya. The Group’s ecosystems include Aavishkaar Capital - Pioneer in equity led impact investing, Arohan - One of India’s largest Technology led Financial inclusion platform, Ashv - specialized lender to small and growing businesses, Intellecap – Thought Leader and Advisory business with a focus on sustainability and Sankalp Forum – one of the world’s largest inclusive development led platform. The Group’s shareholders include TIAA- Nuveen, Triodos Bank, Shell Foundation and Dutch Entrepreneurial Development Bank, FMO. The investments into Arohan Financial Services Limited have been done through Aavishkaar Venture Management Services Pvt Ltd and Intellectual Capital Advisory Services Pvt Ltd. Institutional Investors Aavishkaar Goodwell India Microfinance Development Company II Ltd Aavishkaar Goodwell is a for-profit business development company that provides equity finance and hands-on support to enterprises active in the microfinance sector in India on a socially and commercially sustainable basis. Aavishkaar Goodwell is a joint initiative of the teams behind Dutch social investment firmGoodwell Investments and Aavishkaar India, the world’s first for-profit micro venture capital fund. Tano India Private Equity Fund II Tano Capital is an independent fund manager of two private equity funds: TIPEF-I and TIPEF-II, aggregating USD 211 mn. The funds are focused on providing growth capital to Indian companies across diverse sectors such as Consumer, Pharmaceuticals, Financial Services, Engineering and Manufacturing. 42 Annual Report | 2021-2022
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