Accept

We use cookies to understand how you use our site and to improve your experience. By continuing to use our site, you accept our use of cookies, our Privacy Policy and Terms of Use.

Accept

Students in India working together
Story: India

India Impact at a glance

The Michael & Susan Dell Foundation is dedicated to transforming the lives of children living in urban poverty. In India, the foundation has committed nearly INR 16 billion to its core programs in education, jobs and livelihoods, and financial services.

How we work

Our goal is to achieve measurable and positive impact on the lives of children and their families living in urban poverty, while at the same time catalysing systemic change. The foundation deploys a range of tools, from traditional philanthropic grants to mission-driven impact investments. Three key objectives drive the foundation’s resource deployment.

By 2018, the Dell Foundation committed nearly INR 16 billion toward efforts to drive measurable social progress for Indian children. In 2018, the foundation served more than 12 million children and families through programs funded across India. Through multiple investment instruments such as equity, debt, and guarantees, we support a variety of impact-driven companies. So far, we have successfully exited 10 investments by generating follow-on support.

Our impact investments at a glance

~$ 100 M

committed since 2006

36

active portfolio companies

$ 20 M

committed to seven seed funds

Education

The India education portfolio focuses on helping underserved students improve academic performance and get access to quality education. With a sharp focus on impacting learning outcomes measured through standard assessments, the work includes:

  • Public school systemic reforms in partnership with state governments to revamp the school education system.
  • Incubation and growth of innovative service providers focused on quality of education across the academic ladder: K-12 to college education.

Education Innovation

Large-Scale School Transformation

  • State-wide school systems reform initiatives in Andhra Pradesh, Himachal Pradesh, Haryana, and Rajasthan

Education Impact in Action: Convegenius

Financial Inclusion

The Financial Inclusion portfolio focuses on improving the financial stability of low-income families in India by creating access to responsible banking services. Our focuses include:

  • Catalyzing the urban microfinance market in India (now in exit mode). 
  • Developing and delivering a range of financial products (including micro-credit, MSME loans, and micro-mortgages) and services to meet varied needs of customers from low-income households. 
  • Supporting and catalysing tech-led innovation in the ecosystem.

Credit and Savings for Low-Income Households

  • Livelihood education credit: ISFC (school finance), Intellegrow (venture debt), Kinara Capital (small-sized debt financing to entrepreneurs), Shiksha Finance (school and student finance), Varthana (school finance), Eduvanz (skill financing), exited Vivriti
  • Micro-savings: Sub-K (last-mile banking) 
  • EcosystemCentre for Digital Financial Inclusion (CDFI) 
  • Seed funds: Bharat Inclusive Financial Technologies Seed Fund
  • Completed transformation on Arohan and Sonata (exited Janalakshmi, UjjivanSwadhaar, and Samhita

Financial Services Impact in Action: Sub-K

Jobs and Livelihoods

The Jobs & Livelihoods portfolio focuses on providing disadvantaged youth with high-quality vocational skills and other employment opportunities to increase their earning potential. The work includes:

  • Boosting potential by imparting quality skills training and certification. 
  • Providing meaningful employment and livelihood opportunities to youth.
  • Reducing friction towards meaningful employment.
  • Funding ecosystem solutions to develop and catalyze early-stage innovations.

Skill Training and Job Placement

Jobs and Livelihoods Impact in Action: LabourNet

Meet Our India Programs Team