Lok Capital

Invests in social impact organisations to promote inclusive and sustainable growth in multiple sectors

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About

  • Headquarters

    Chennai, Tamil Nadu

  • Since

    2004

Lok Capital (Lok Advisory Services Pvt. Ltd.) works with the mission of achieving inclusive and sustainable growth in the field of financial inclusion Read more, health and agriculture. To achieve its objectives, it works as an impact investor, investing in social enterprises which work with focus on innovation, client service and creation of sustainable solutions and have a proven record of customer-centric approach, execution ability and transparency. It also provides technical assistance to social impact organizations to help them in achieving scalability and market returns. In the financial inclusion sector, its focus is on providing access to housing finance to low income groups, meeting the housing finance needs of Micro and Small Enterprises (MSME), achieving financial inclusion in sectors of North-East India without access to banking services, fulfilling the need of end-to-end supply chain financing, catering to housing finance needs of communities without formal income/tenure and promoting retail finance in various sectors. Its activities in the agriculture sector are focused on creating a milk-revolution in the Eastern states of India and promoting efficient management of potato supply chain throughout the country. In the healthcare sector, it works on promoting efficient management of diabetes and providing eye care services in areas with inefficient or inadequate infrastructure. It has been successful in raising three rounds of funding with Lok I fund focused on equity investments in early and growth stage micro-finance institutions in India. It raised USD 22 million and has been fully liquidated. Lok II fund focused on organizations with diversification into areas within the financial inclusion space like affordable housing and SME financing and diversification into early stage investments in healthcare, education and livelihoods. The funding round raised USD 65 million. Lok III fund has raised USD 40.5 million with a target of USD 100 million and the focus is on growth stage investments in financial services, healthcare, agriculture and livelihood.

Programs

  • Dr Mohan’s Diabetes Specialities Centre

    A network comprising 50 clinics specializing in comprehensive care for individuals with diabetes, offering top-tier consultations, diagnostics, nutrition, lifestyle coaching, and surgical interventions. According to Dr. V Mohan, with the support of Lok's investment, the centre expanded its reach from 24 to 49 branches, spanning 32 cities across 8 states in India, solidifying its position as the nation's largest chain of diabetes centers. This growth has allowed it to extend its services to a substantial number of diabetes patients who might have otherwise been deprived of specialized care due to the challenges of accessing treatment in Chennai.

  • Osam

    Osam has expanded its milk sourcing operations by establishing hubs not only in Bihar but also in Jharkhand and West Bengal. This strategic diversification has effectively reduced their vulnerability to milk supply fluctuations. The company currently operates three processing plants dedicated to milk and the production of various dairy products, including milk, paneer, curd, buttermilk, ghee, and milk-based sweets. Additionally, Osam boasts a robust retail distribution network and holds a dominant position as the market leader in the modern retail sector within the region.
    Abhinav Shah, the Co-founder & CEO of Osam, acknowledges that Lok's industry network has played a crucial role in the company's growth by facilitating hiring, supporting tech initiatives, and aiding in capital raising efforts.

  • Monsoon Harvest

    The cultivation of millets, as compared to rice and wheat, demonstrates a significant reduction in water consumption, with only 1,000 liters of water required. Furthermore, millets exhibit resilience to elevated temperatures and saline water, making them a viable solution for farmers grappling with the impact of climate change. Monsoon Harvest contributes to this sustainable approach by offering a diverse range of delectable millet-based breakfast cereals, granola bars, and snacks. These products are meticulously crafted using locally sourced Indian ingredients such as millets, palm jaggery, and coconuts, with an unwavering commitment to avoiding artificial colors, flavors, and sweeteners. The company makes these products accessible through an omni-channel model, ensuring wider availability.
    Under Lok's guidance, the company successfully implemented frameworks and established processes that significantly enhanced their financial and regulatory standards. Additionally, Lok played a pivo

  • Superbottoms

    Superbottoms, the foremost brand in India for cloth diapers, is renowned for its innovative product range. Their cloth diapers and toilet training pants have set the industry standard by effectively addressing genuine consumer concerns and fostering a strong sense of trust among their customers. Furthermore, Superbottoms is experiencing rapid growth in the basic cloth diapers, nappy, and underwear categories, aiming to bring order to previously unorganized sectors while capitalizing on the brand's strong reputation and customer loyalty.
    Even before the investment was finalized, numerous members of the Lok team have provided invaluable assistance in the establishment of improved systems and processes. These efforts are aimed at facilitating scalability, encompassing areas such as climate strategy, financial reporting, and guidance for omni-channel expansion.

Leadership Team

  • Vishal Mehta

    Founder,Partner,IC Member

  • Venky Natarajan

    Founder,Partner,IC Member

  • Priyamvada Ramkumar

    Partner,Lok III and IC-Lok IV

  • Vignesh Ramanujam

    Director

  • Hari Krishnan

    Director

Demographics & Structure

  • No. of Employees

    21-50

M&E

  • Internal, External Assessors

    No

Policies

  • Ethics and Transparency Policies

    No

  • Formal CEO Oversight & Compensation Policy

    No

Political & Religious Declarations

  • On Affiliation if any

    No

  • On Deployment Bias if any

    No

Registration Details

  • Registration ID

    U74140DL2003PTC121370

  • FCRA

    Not Available

  • CSR Registration Number

    Not Available

Location

Other Details

  • Type & Sub Type

    For-profit
    Private Limited Company