What is Haqdarshak?
Established in 2016 and headquartered in Pune, India, Haqdarshak operates as a crucial tech platform designed to empower citizens by facilitating the discovery, application, and utilization of eligible welfare schemes. By leveraging technology, the company effectively addresses the pervasive information asymmetry surrounding social entitlements, ensuring that individuals can access the support they are entitled to. This mission positions Haqdarshak as a vital social enterprise in the Indian landscape.
How much funding has Haqdarshak raised?
Haqdarshak has raised a total of $906K across 1 funding round:
Other Financing Round
$906K
Other Financing Round (2021): $906K with participation from Shalini Chhabra, Beyond Capital Fund, The Deepak Group, Impact India Investment Partners, and 3i Partners
Key Investors in Haqdarshak
Beyond Capital Fund
Beyond Capital Fund is a Swiss-American non-profit organization focused on impact investing in seed-stage social enterprises that serve impoverished communities in India and East Africa. Their portfolio includes investments in critical sectors such as healthcare, sanitation, food security, financial inclusion, and energy access, positively impacting over 66 million individuals. The organization emphasizes the importance of both financial returns and social missions, ensuring that beneficiary organizations remain aligned with their goals. Beyond Capital Fund invites individuals to become impact investors through donations and participation in their programs.
3i Partners
3i Partners is a strategic consulting organization composed of professionals with extensive expertise in management consulting, operational management, reorganization processes, and internationalization strategies. They offer integrated interventions with a strong operational impact, ensuring challenging objectives are met with significant returns in operational efficiency and achieved results. Their competencies span corporate governance, control systems, strategy, business plans, operational improvement, and financial advantages through tax incentives.
Shalini Chhabra
Undisclosed investor participating in the funding round.
What's next for Haqdarshak?
The recent major strategic investment signifies a pivotal moment for Haqdarshak, indicating a strong market validation and providing the necessary capital for accelerated growth and expanded reach. This financing is expected to fuel the company's ongoing efforts to scale its operations, enhance its technological infrastructure, and deepen its impact across India. The strategic nature of this backing suggests a focus on long-term development and market penetration, positioning Haqdarshak for sustained influence in the social welfare technology sector.
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