SRISTI ORG Competitors

Set up on April 2, 1990 under an Act of Indian Parliament as a principal financial institution for: -- Promotion -- Financing and -- Development of industries in the MSME sector and -- Co-ordinating the functions of other institutions engaged in similar activities. Provision and Charter: SIDBI was established on April 2, 1990. The Charter establishing it, The Small Industries Development Bank of India Act, 1989 envisaged SIDBI to be "the principal financial institution for the promotion, financing and development of industry in the small-scale sector and to co-ordinate the functions of the institutions engaged in the promotion, financing or developing industry in the small-scale sector and for matters connected therewith or incidental thereto". Business Domain of SIDBI: The business domain of SIDBI consists of small-scale industrial units, which contributes significantly to the national economy in terms of production, employment and exports. Business Strategy of SIDBI: The business strategy of SIDBI is to address the financial and non-financial gaps in the MSME ecosystem. Financial support to MSMEs is provided by way of (a) indirect finance / refinance to banks / financial institutions for onward lending to MSMEs and (b) direct finance in the niche areas like risk capital, sustainable finance, receivable financing, service sector financing, etc.

The mission of the Development Alternatives Group is to promote inclusive, equitable and resilient national development, through the creation of sustainable livelihoods on a large scale. Through clean technology packages, micro-enterprise solutions and collaborative institutional ecosystems, we bridge practice and policy, and work with partners to mobilize widespread action to eradicate poverty and regenerate the environment. DA's work addresses the three poly-crises of our times - Jobs, Resources and Climate - through impact in three areas: Livelihood Security & Inclusive Entrepreneurship, Resource Efficiency & Circular Economy and Climate Change & Ecosystem Restoration. The organization has built up a strong capacity to identify priority issues confronting the nation and devise effective ways to solve them. It brings together over 120 professionals with a wide range of skills and backgrounds but a common, spirited commitment to excellence and teamwork.

Aavishkaar started in the year 2001 with a vision to invest in entrepreneurs building sustainable enterprises that can catalyze development impact for excluded communities and remote geographies across the globe. Aavishkaar's initial focus was India and now is taking its learnings to countries in South and South East Asia. Over the years, Aavishkaar through its various initiatives in micro equity and micro finance space has pioneered the approach of building a financial ecosystem that would nurture entrepreneurs by providing risk capital for scalable rural focused enterprises. Our mission is to evolve an approach to investing that nurture entrepreneurs in building enterprises that can generate commercial returns while serving humanity sustainably.