Upaya Social Ventures
Invests and provides consultancy to social businesses that gives jobs to the poor
About
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Headquarters
Bangalore, Karnataka
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Since
2011
Established in 2011, Upaya Social Ventures was conceived with the purpose of generating dignified employment opportunities for individuals enduring se Read morevere poverty through the establishment of scalable enterprises, supported by investments and consultancy services. Upaya’s aim is to create 50,000 dignified jobs by the year 2025. To achieve this goal, it facilitates the development of early-stage companies that fall beyond the scope of microfinance but have yet to reach the stage of readiness for traditional investments. As the initial institutional investor for many of its portfolio partners, it places emphasis on not just the quantity but the quality of jobs generated. This is especially crucial for individuals who are in dire need of the stability and security that stem from a steady income. Employing the innovative "recycled philanthropy" model, Upaya provides capital that is marked by greater patience and a strong focus on outcomes. The portfolio companies are located in some of the most challenging regions and industries in India, areas where many investors are reluctant to venture. However, Upaya willingly embraces this risk, as it is through such efforts that it can uplift more individuals from the grip of extreme poverty.
Cause Area
Programs
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Dignified jobs collaborative
Dignified jobs are characterized by their safety, stability, inclusivity, and the sense of fulfillment they offer. For those enduring extreme poverty, a dignified job represents an opportunity to shift their focus from mere survival to future planning. The impact of this transformation extends to the jobholders, their families, and the communities they are part of.
Small and burgeoning businesses, such as Upaya’s portfolio partners, play a significant role in generating over 60% of India's new jobs. However, they often find themselves in the "missing middle" category, facing challenges in raising capital. They are too substantial for microfinance loans yet not quite sizable enough to attract traditional funders.
Upaya’s pioneering model consolidates philanthropic resources into a pool of recoverable grants, which are then channeled as loans to businesses focused on job creation.
Leadership Team
Demographics & Structure
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No. of Employees
21-50
M&E
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Internal, External Assessors
No
Policies
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Ethics and Transparency Policies
No
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Formal CEO Oversight & Compensation Policy
No
Political & Religious Declarations
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On Affiliation if any
No
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On Deployment Bias if any
No
Registration Details
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FCRA
Not Available
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CSR Registration Number
Not Available
Location
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Headquarters
91Springboard 21 George Thangiah Complex 80 Feet Road Near Sir CV Raman Hospital Bangalore, KA, 560038
Directions
Other Details
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Type & Sub Type
Non-profit