Waste Capital Partners, a solid waste management company that builds waste picker livelihoods by having them collect and environmentally process waste, was honored to be chosen by its peers in the Dasra Social Impact program to receive investment from Village Capital. The Dasra Social Impact program is a rigorous three week program over a 6-month period in which high performing social enterprises are selected to develop their businesses in a peer-environment. At the end of the six months, the social entrepreneurs select their peers they believe should receive investment by Village Capital. It is a great honor to receive this peer-selected investment as the social entrepreneurs in the program are most aware of the challenges and opportunities in the India social enterprise ecosystem.
Waste Capital Partners will utilize the Village Capital investment as part of an overall convertible debt raise from impact investors to prove out its end-to-end model and subsequently raise an equity round.