Vineet Rai

founder and the CEO of Aavishkaar Venture Management Service which is India’s first Social Venture Capital Firm, as well as chairman and co-founder of Intellecap. Prior to Aavishkaar, he was the CEO of Grassroots Innovation Augmentation Network (GIAN), an incubator for rural innovations and ventures based in Ahmedabad, Gujarat. He has co-authored several papers with Professor Anil Gupta at IIM Ahmedabad on issues concerning rural and micro innovations.

By Vineet Rai


India Microfinance Bill Offers a Mixed Bag to Investors

The change in the thinking of the government in terms of introducing the comprehensive microfinance bill to replace the old one and emphasizing the supremacy of the regulator, the Reserve Bank of India (RBI) is a consequence of the events in Andhra Pradesh where the State Government has introduced a State level Act to regulate MFIs.