New Delhi, -April, 2nd, 2012- The Ennovent Impact Circle announced its partnership with Toniic to further drive capital infusion in India’s BoP marketplace. While sharing his perspectives on the “Global State of Impact Investing” at an Impact Circle meeting, Dr. Charly Kleissner, Co-Founder of Toniic said: “The partnership will bring the necessary synergies to further accelerate not only capital infusion but much needed cross sectional expertise towards early stage impact investing in India”.
The discussion was attended by Impact Circle Members comprising of prominent funds such as Lok Capital, Insitor Fund & Seed Fund as well as individuals with diverse investment experience and from various backgrounds including grocery retail, fashion, consulting, IT, telecommunications, and manufacturing; such as Rohtash Mal, Subinder Khurana & Sanjeev Kakar.
Toniic CEO, Morgan Simon, quotes “As the impact investment space in India is evolving, partnering with the Ennovent Impact Circle gives us the reach and velocity to structure and scale Impact Investments.”
Director – Impact Circle, Digbijoy Shukla, quotes “We are excited to partner with Toniic, and are looking forward to collaborating with them on investments and to share key learning’s from their global experience”.
About Ennovent Impact Circle
The Impact Circle is a trusted network of investors offering sustainable enterprises diverse capital solutions. The Circle brings together a group of over 15 accredited investors and funds looking to create a sustainable impact at the Base of the Pyramid (BoP) in India. The Circle will finance enterprises, in energy, food, water, health, education, and other sectors, looking to raise funds in the range of US$ 50,000 to 3 million in equity, debt or “quasi equity”. More about ennovent: www.ennovent.com
Toniic is an international impact investor network promoting a sustainable global economy by investing in entrepreneurs addressing the fundamental needs of people and planet.
More about Toniic: www.toniic.com
Ennovent Impact Circle
Director – Impact Circle
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