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Lok Fund III (Growth Catalyst Partners LLC):Building on a Strong Platform

Sustained
support
from Leading
DFIs
New
Institutional
Investors
Strategic
sector
focus

Financial Inclusion

Agriculture

  • Supply Chain
  • Dairy
  • Handicrafts

Healthcare

  • Delivery
    (primary to tertiary care)
  • Diagnostics

Affordable Housing Finance

Ummeed

Ummeed provides affordable housing loans to informal income segments in North and Central India.

Date of investment

September 2016

We want to change the status-quo by offering an easier, more reliable option for loans. Technology will give us the leverage to address needs of a large share of this low income segment and the funding from Lok will bolster our technology platform and accelerate our expansion plans.

Ashutosh Sharma (Founder, Ummeed)

Small Finance Bank

UTKARSH

Originally an MFI, Utkarsh is a Small Finance Bank focused on customers in North and North Central India.

Date of investment

September 2016

With the transition to a SFB, Utkarsh is making it a high priority to attract customers for savings accounts and deposits. "We plan to make available all products, such as current account, savings, fixed deposits, recurring deposits and all third-party products, from day one."

Govind Singh (Founder, Utkarsh)

Dairy

Osam

Osam is a Eastern India based dairy player operating an integrated model offering procurement, processing and selling of milk and milk products in the states of Jharkhand and Bihar

Date of investment

October 2016

OSAM is transforming the dairy sector in Jharkhand and Bihar through high quality customer offerings and improving farmer livelihoods by providing transparency on price, quantity and quality to over 8000 farmers

Rajesh Babu (Director, Lok Capital)

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