India is home to 1.2 billion people of which 72.18% lives in rural areas. Its economy is the 10th largest by nominal GDP and has been steadily growing since 1991 and has become one of the fastest growing major economies of the world. India has a large and growing social sector, with 1.5 million non-profit organisations. The eco-system of non-profits in India is complex and continues to grow in different directions with concepts like social entrepreneurship, social enterprises and impact investing becoming household names. Philanthropy as a sector is evolving rapidly— there is growing awareness in India and globally that now is the time for India to build a strong and engaged philanthropic sector. The emergence of the Indian Philanthropy Forum and Bain & Co’s extensive report on the sector are creating interest in the concept among common people. Philanthropy exchanges or aggregators like Guidestar India, Give India etc are also adding that more professionalism to the sector.
AVPN has chosen to actively support this wave of philanthropic awareness in India and is committed to building the field of Venture Philanthropy, which remains a small but engaged sector in India. AVPN’s India Advisory Group was established in 2010 and contains people who believe in the VP model and are in their own way engaged in bringing about change in the sector.
India Advisory Group