By Mewati Sitaram
Incofin Investment Management, a Belgian impact investment company, has made a significant mark in the realm of financial inclusion, the agri-food value chain, and safe water access in emerging markets. With a clear focus on driving inclusive progress, the company provides support to entrepreneurs with the goal of improving the lives of the less privileged.
Incofin boasts an impressive portfolio, with EUR 1.3 billion under management and a cumulative investment of EUR 3.5 billion. The company’s leadership, comprising Chairman Loïc De Cannière and co-CEO Paul Buysens, recently embarked on a visit to India, where Incofin has forged partnerships with several of the country’s most aspirational companies.
One such partnership is with Sahyadri Farms Post Harvest Care Ltd, India’s largest fruit and vegetable platform. This collaboration ensures that small-landholding farmers receive fair compensation for their produce and labour, a crucial step in empowering these marginalized communities.
Another strategic investment is in SuperZop, India’s single largest staples B2B e-commerce platform. This platform connects farmers from across the country to more than 50,000 retailers, enabling a more efficient and equitable supply chain.
Incofin has also partnered with Rite Water Solutions (I) Pvt Ltd, India’s rural affordable drinking water company. This innovative venture provides cost-effective and sustainable solutions for safe drinking water to habitations across the vast Indian landscape.
At the start of their visit to India, the Incofin leadership paid a visit to the Belgium Consulate in Mumbai and met His Excellency Frank Geerkens, Consul General of Belgium in Mumbai. Here, they engaged in a wide-ranging and focused conversation. This interaction underscored the importance of grasping both the broad picture and the intricate details when navigating the complexities of the Indian market.
Incofin’s commitment to inclusive progress is evident in its approach to investment and partnership. By supporting entrepreneurs and businesses that focus on empowering the less privileged, the company is making a tangible difference in the lives of communities across emerging markets.
As Incofin continues to expand its footprint in India and beyond, its strategic alliances and innovative solutions will undoubtedly serve as a beacon of hope for those seeking to create a more equitable and sustainable future. The company’s dedication to financial inclusion, sustainable agriculture, and safe water access exemplifies the transformative power of impact investing in driving inclusive development.
