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Intellecap has come up with I3N to strengthen social sector start-ups
Intellecap-the social sector advisory firm has introduced an innovative platform named Intellecap Impact Investor Network (I3N) to felicitate funding to businesses catering to poor. The firm plans to bring together high net worth individuals (HNI), foundations and companies eager to invest in such category of businesses.
The platform will help social-sector start-ups raise $1-3 million (Rs.4.5-13.5 crore) from a group of select angel investors, making it the only such organized platform in the country. I3N aims to bridge this gap, by vetting the business models of the social start-ups and offering investors a flowing pipeline of deals. The platform will facilitate deals in sectors such as agriculture, low-cost healthcare, clean tech, water and sanitation, and education.