Since the pandemic, the number of India’s philanthropic collaboratives has more than doubled. These collaboratives mobilise funding from foreign and domestic philanthropy, high-net-worth individuals, corporate social responsibility funders, bilateral and multilateral donors, private capital, and other sources.
Samridh Healthcare Blended Finance Facility provides both grants and debt financing to enterprises and innovators that are expanding the availability of affordable and quality healthcare solutions to the bottom-of-the-pyramid populations. Samridh supported the training of 1,100 healthcare workers in more than 25 cities and built out oxygen delivery systems during the peak of the pandemic.
Similarly, ACT Grants funded high-priority health needs such as tele-ICU treatment of high-risk patients in Karnataka, and delivery of 45,000 pieces of oxygen equipment to healthcare facilities during the pandemic.
REVIVE developed an innovative social finance instrument called “returnable grants” to provide income support to small scale vendors/ micropreneurs.
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