<ul><li>The Indian impact investing sector presents itself wrapped in glossy promises of “transformative capital” and “mission-aligned funding.” However, the ground reality reveals a troubling disconnect.</li><li>Major funds prioritize safe business models that replicate existing solutions rather than supporting grassroots innovation and bottom-of-pyramid solutions.</li><li>Cohort programs in the sector have abysmal funding ratios, demand significant time and resources from founders, and rarely translate into meaningful funding opportunities.</li><li>The current system harms impact entrepreneurs by pushing them toward mission drift, depleting their resources, stagnating innovation, creating brain drain, and missing opportunities to address critical social challenges.</li></ul>

The Hollow Promise of India’s Impact Investment Ecosystem

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