Philanthropy Asia Alliance expands India network, partners with Dasra and backs two social ventures

Expanding its footprint in India, Philanthropy Asia Alliance is collaborating with Dasra to enhance support for ventures such as Rocket Learning and the women-focused platform by Frontier Innovations. Rocket Learning has made significant strides i...

Agencies

Philanthropy Asia Alliance expands India presence with Dasra partnership, backs two social ventures

Mumbai: Philanthropy Asia Alliance, a Temasek Trust initiative, is expanding its presence in India by adding Dasra to its network and backing two locally developed social ventures as it seeks to scale proven models across the country and other developing markets.

The alliance said on Wednesday that Dasra had joined as a network partner, while PAA and its funder members would support early childhood education nonprofit Rocket Learning and Frontier Innovations’ women entrepreneurship platform She Leads Bharat: Udyam.

The moves deepen PAA’s engagement in India, where philanthropic organisations are increasingly looking to direct capital towards projects that have demonstrated results and are ready to expand.


Dasra joins PAA’s network of more than 110 funders, network partners and programme organisations across Asia and other regions. Existing Indian members include Aditya Birla Education Trust, Shiv Nadar Foundation and Bharti Airtel Foundation.

“India is solving some of the hardest social and environmental challenges, and many of those solutions are ready to work well beyond home,” Shaun Seow, chief executive officer of PAA, said in a statement.

The partnership will connect PAA’s regional network with Dasra’s ecosystem of Indian philanthropists, foundations and nonprofits, potentially opening opportunities for Indian organisations to collaborate with partners in Southeast Asia and other developing markets.
ADVERTISEMENT

PAA’s funding will also support the expansion of Rocket Learning, which delivers early childhood education to families through WhatsApp in local languages, alongside training for preschool educators and behavioural interventions for parents.

The organisation has reached 6 million children across 15 states and union territories in five years. An independent MIT-JPAL evaluation found that 80% of children in its programme were ready for school by age six, compared with a national average of 50%, according to Rocket Learning.

The new funding will support expansion in Uttar Pradesh and Odisha and help the organisation enter Southeast Asia. Rocket Learning is targeting 50 million underserved children by 2030.

Frontier Innovations’ She Leads Bharat: Udyam connects rural women shopkeepers and entrepreneurs to digital commerce, credit and other services through its Meri Saheli app. The model has reached more than 50,000 women across four states and generated $10 million in additional income, according to the organisation.
ADVERTISEMENT

PAA’s funding will take the programme into smaller and more remote villages in Rajasthan, Uttar Pradesh, Andhra Pradesh and Gujarat.

The partnership and funding commitments add to PAA’s existing programmes in India and extend its focus on using philanthropic capital to expand social-sector models that have already demonstrated results.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › India › Philanthropy Asia Alliance expands India network, partners with Dasra and backs two social ventures
Text Size:AAA
Success
This article has been saved

*

+