Navaka Social Business Fund is an impact-driven financial institution that supports social enterprises working to solve poverty, climate, and livelihood challenges through sustainable business models. Formerly known as Yunus Social Business Fund Bengaluru, the organization provides patient capital, debt financing, and strategic support to mission-driven businesses across sectors such as agriculture, healthcare, waste management, education, and WASH (Water, Sanitation, and Hygiene). Navaka aims to create long-term social and environmental impact while promoting financial sustainability. The fund also supports entrepreneurs with technical expertise and growth guidance to help scale innovative solutions for underserved communities.

Impact at Scale

30+

Enterprises Funded; Social Enterprises Financed

67 Crore+

Capital Deployed

1,750 Tonnes

Waste Diverted from Landfill

6000+

MTCo2 avoided; Co2 emissions avoided

49,000+

Households practicing waste segregation

200+

Livelihoods improved; Waste workers formalized; 31% income increase

How Navaka Social Business Fund Enables Meaningful Impact

Provides Patient Capital to Social Enterprises


Navaka offers flexible debt financing to early- and growth-stage social businesses that often struggle to access traditional bank funding. This enables mission-driven enterprises to scale sustainably without losing their social focus.

Supports Underserved Communities


The fund backs enterprises working in sectors such as agriculture, waste management, healthcare, education, and livelihoods — directly improving access to essential services for low-income and vulnerable populations across India.

Strengthens Climate and Circular Economy Solutions


Through investments in recycling, waste segregation, and circular economy businesses, Navaka helps reduce landfill waste, lower carbon emissions, and encourage sustainable consumption practices.

Creates and Formalizes Livelihoods


Portfolio companies supported by Navaka generate dignified employment opportunities, especially for informal workers such as waste pickers, artisans, farmers, and rural entrepreneurs, helping improve income stability and working conditions.

Builds Long-Term Enterprise Capacity


Beyond financing, Navaka supports social enterprises with strategic guidance, governance support, ecosystem connections, and operational strengthening to improve long-term resilience and scalability.

Measures and Scales Impact Transparently


Navaka tracks measurable social and environmental outcomes — such as households reached, waste processed, emissions avoided, and income improvements — ensuring accountability and evidence-based scaling of impact initiatives.

The platform behind Navaka's Impact Model

Navaka Social Business Fund combines patient capital, impact measurement, and ecosystem partnerships to help social enterprises scale sustainable solutions for underserved communities across India. Through a blended approach of financing, capacity building, and outcome tracking, Navaka enables businesses to create measurable social, environmental, and livelihood impact at scale.

Patient Debt Financing


For mission-driven enterprises

Data-Driven Impact Measurement


Across social and climate indicators

Livelihood Enhancement


For underserved communities

Circular Economy Enablement


Through waste and recycling ecosystems

Enterprise Capacity Building


With strategic and operational support

Scalable Community Impact


Across multiple sectors and geographies

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Meet our Portfolio Companies

CARBON MASTERS
SAHAS ZERO WASTE
MEGALITER VARUNA

“Sustainable impact is created when capital is guided by purpose. At Navaka Social Business Fund, we believe in empowering entrepreneurs who are building innovative solutions for underserved communities, creating businesses that are not only financially viable but also socially transformative.”

Suresh Krishna

Suresh-Krishna-BW

Our Products

Short-Term Working Capital


Designed to help social enterprises manage day-to-day operational expenses, inventory cycles, vendor payments, and short-term liquidity needs. This product supports businesses during growth phases and seasonal demand fluctuations.

Long-Term Working Capital


Provides extended-duration financing for enterprises looking to scale operations, expand into new markets, strengthen supply chains, or increase production capacity without equity dilution.

Term Loans for Capex


Capital expenditure loans help enterprises invest in infrastructure, machinery, technology, processing units, waste management systems, or other long-term productive assets that improve operational efficiency and impact scale.

Patient Debt Financing


Navaka specializes in patient capital — flexible financing with repayment structures aligned to the realities of social enterprises. This allows founders to prioritize long-term impact creation alongside financial sustainability.

Blended Finance Solutions


The fund combines catalytic capital, strategic partnerships, and impact-focused financing structures to support businesses addressing climate, livelihood, agriculture, healthcare, WASH, and circular economy challenges.

Growth & Capacity Support


Beyond financing, Navaka provides technical assistance, strategic guidance, ecosystem connections, and operational support to help social enterprises become scalable and investment-ready.

You too can make a big difference

CURRENT STATUS OF YSB INDIA

 

Yunus Social Business in India operates through two entities:

  • ⁠Yunus Social Business Fund Bengaluru Pvt Ltd (YSBFB): An RBI-regulated NBFC established in 2017, YSBFB provides debt funding to Indian social businesses. To date, it has disbursed ₹67 Cr to ~30 enterprises across sectors like waste, agriculture, education, and livelihoods. YSBFB also promoted Zero Poverty Funds, an AIF dedicated to invest in WASH and waste-related businesses.
  • Yunus Social Business India Initiatives LLP: Founded in 2016 to support corporate social innovation and CSR consulting, notably through its main programme, Indian Corporate Action Tank, seed-funded by one of India’s most respected domestic foundations. It has worked with leading Indian companies designing social business solutions at the intersection of corporate India’s core capabilities and social issues. The entity has been dormant for over two years due to strategic and personnel changes and is being wound up. Both entities are Indian-registered, Indian-staffed, and fully compliant with Indian law, created to support enterprises addressing poverty and social issues in India.
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FOUNDING PRINCIPLES:

 

The two entities were founded on the philosophy of “social business”—using business tools to solve social problems such as poverty, waste, livelihoods and other issues. This approach draws inspiration from Muhammad Yunus, globally acclaimed for his pioneering work in microfinance and poverty alleviation. He was awarded the Nobel Peace Prize (2006) and the Presidential Medal of Freedom (2009) by US President Barack Obama, and has deeply influenced India’s microfinance sector, inspiring the creation of many of India’s leading MFIs and Small Finance banks. In India, he has been honored widely, including receiving a gold medal from PM Narendra Modi at the 102nd Indian Science Congress for “giving the poorest a life of hope, opportunity and dignity”

 

RESPONSE TO EVOLVING POLITICAL CONTEXT:

 

Since August 2024, Muhammad Yunus has taken on a new role as a political advisor in Bangladesh. This changes things for us. We are non-political organizations focused on India, and we strongly condemn & disagree with any anti-India comments made by anyone. When we first started, we used “Yunus” in our names to show respect for Muhammad Yunus’s ideas about social business. However, our two organizations in India have no legal connection to Professor Yunus. Given the current

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