-
Margin
In the rest of the presentation “investments” refer to both
equity investments and grants2
Omidyar Network India
Investment firm focussed
on social impact
Equity investments and grants*:
dual chequebook
Philanthropic capital of Pam
& Pierre Omidyar,
founder of eBay
-
Margin
We invest in bold entrepreneurs
who help create a meaningful life for every Indian
-
Margin
Figures as of January 2020; *May include duplication of
customers4
Our investments | Since 2008
$300m invested
102active
investments
~550mcumulative
reach*
Aim to invest another $350m over the next five years
-
Margin
500 million people expected to come online for the first time by
2022 via their mobile phones
5
In service of the Next Half Billion
-
Margin
6
The Next Half Billion | Profile
LOWER-MIDDLE INCOMEVegetable vendors,
garment factory workers, domestic help, security
guards,plumbers, & small shop owners
LOW INCOMESmall farmers, rural artisans
MIDDLE INCOME
RICH 66 (7%)
446 (33%)
528 (39%)
284 (21%)
million people
-
Margin
Entrepreneurs:for-profit & non-
profit
Institutional & market
infrastructure
Policy & regulatory support
7
Accelerating impact for the NHB | Dual chequebook
Equity investments and grants
-
Margin
8
Tech for goodaccess to
aspirational services,
employment and productivity
Responsible techto minimise harms
of tech
Acknowledging the role of non-tech solutions in driving
impact
Our investment approach | Goodtech: हर िज़न्दगी बेहतर
-
Margin
*Global investments with significant operations in India +See
Appendix for full list of current investments
Examples of our portfolio | Serving the Next Half Billion+
Digital Identity
Governance and Citizen
Engagement
Property Rights
*
*
*
Education EmergingTechFinancialInclusion
9
-
Margin
• Focused on empowering MSMEs and supporting migrant workers
• Looking for ways to re-solve urgent issues in these areas
The ReSolve Initiative | Medium term response to Covid-19
• Per project funding between Rs 3.75 crore ($500,000) and Rs 15
crore ($ 2mn)
• Seeking to build a portfolio of lighthouse investments in the
next 12-18 months
-
Appendix: Our Portfolio
-
Margin
► 0.5bn
► 1MG
► 21N78E
► Aapti Institute (Heart of Privacy)
► Affordplan
► Ashoka
► Akshara Foundation
► Arrka
► Ashoka University (CSIP)
► Axio Biosolutions
► Boston Consulting Group
► Bijak
► BITS (Bharat Innovation Fund)
► Bounce
► Bridgespan
► Central Square Foundation
► Dvara Research
► eGovernments Foundation
► End Poverty / N/Core / Nudge
► English Helper
► Foundation for Ecological Security (FES)
► Giraffe
► Give India
► Gramcover
► Gramfactory
► HasGeek
► Healofy
► Healthkart
► Hotels.ng
► i2e1
► iForest
► IGIDR
► iMerit Technology
► myUpchar
► Neogrowth
► NextGen/Goodera
► Observer Research Foundation
► PR Influence Network (Brookings)
► Pratilipi
► Quikr
► RailYatri
► RedSeer Management
► Scripbox
► Scroll Media
► SEAF
► Sewa Grih Rin
► Shubh Loans
► SONG
► Swarna Pragati
► Tandem Research
► Impact Investors Council (IIC)
► Indian Institute of Human Settlements (IIHS) Indian School of
Business
► Indifi
► Indus OS
► Intellegrow
► IQF
► IUDX (IISC)
► Janaagraha
► Kaleidofin
► Kalibrr
► Kalysta
► Landesa
► Monitor Deloitte
► MOSIP (IIT-B)
► Centre for Communications Governance (NLU-D)
► Centre for Digital Financial Inclusion (CDFI)
► Centre for Internet & Society
► Centre for Policy Research (CPR)
► Centre for Teacher Accreditation (CENTA)
► Credenc
► CredR
► Dalberg Consulting
► Data Governance Network (IDFC, IDP, IT4C, NIPFP)
► Dealshare
► Doubtnut
► Dream a Dream
► DSCI
► Teach for India
► The Ken
► Toffee Insurance
► Transerve Technologies
► U2Opia
► Varthana
► Vedantu
► VerSe (Dailyhunt)
► Village Capital
► Vistaar Finance
► Vyng
► Whitehat Junior
► World Bank
► WRI
► Zindagi Mobile (Neelesh Misra)
► ZestMoney
► ZipGo
Our portfolio | Serving the Next Half Billion
-
Margin
Appendix: Next Half Billion
-
Margin
15
UI/UX not adapted to social and cultural context
Lack of local language content
Low rates of internet access for women
Low confidence in online transactions
Access to tech/data still not affordable
Lack of local apps for social & entertainment
The barriers the NHB face along their digital journey
Design for extreme affordability
-
Margin
16
… and our entrepreneurs work to address these 7 barriers
1 Social and cultural context
2 Lack of local language content
3 Low rates of women’s engagement
4 Low confidence in online transactions
5 Lack of locally relevant apps for social/ communication
purposes
6 Access to data still not affordable to all
7 Limited focus on extreme affordability
Indian mobile operating system
Read, write, and share stories in 10 languages
Pregnancy and Parenting Platform for Indian Moms
Wi-fi management
Interactive online tutoring platform
Video callertunes
News publisher and aggregator in 14
languages
Railway booking and information app
Digital savings platform
Indian classified advertising platform
eHealthcare
-
Margin
Note: User numbers are cumulative moving from right to left;
i.e., all segments of the graph are a subset of the preceding
segments. Numbers estimated based on users figures for market
leaders in each segment. Shopping users includes both NHB sellers
and buyers. Source: ‘Unlocking Digital for Bharat’ (Bain, Google
and ONI, 2018), TechCrunch (2019), LiveMint (2019), App Annie user
data, literature search, ONI analysis
The NHB’s digital adoption journey | multi-step journey to
transacting online
17
WhatsApp
YouTube
DailyHunt news in 17 languages
Public local news
Facebook
TikTok
PayTM digital payments
PhonePedigital payments
DealshareSocial
E-commerce
MeeshoSocial
E-commerce
myUpchareHealthcare
RailYatrirail booking and
information
Indian internet users (2019): 450 - 500 M
The NHB digital journey
NHB internet users (2019): 90 -150 M
-
Margin
Innovating for the Next Half Billion
Adapt to social and cultural context• Relatable symbols: trolley
for checkout, floppy disk for save are unfamiliar• Relevant
language: ‘checkout’ does not reflect their shopping experience•
Inclusive UX: logging in with mobile phone over email ID
Support local language content since 70% of Indians consider it
more reliable• Support entrepreneurs who create Indian language
content
Enable women’s participation since women are 36% less likely to
own a mobile• Change perception that smartphones expose them to
negative influences• Reposition use of mobile internet toward
socially acceptable use cases
-
Margin
Innovating for the Next Half Billion
Build confidence to transact online• Support through onboarding
and early use• Instant confirmations of customer activity and
transaction status
Design for extreme affordability• Pilot lean models; learn and
adapt quickly; expand scale
-
Margin
Innovating for the Next Half Billion
Ensure cost-effective access to data • Support and leverage
shared infrastructure, such as Railway WiFi • Account for shared
use of internet, such as hotspots
Support local apps for social/ communication purposes as it is
an early use case• Invest in local innovators such as ShareChat
-
Margin
Appendix: Engagement with Government & Regulators
-
Margin
MoRD – Department of Land Resources MSDE UIDAI Government of
Odisha
Assessment of Digital India Land Records Modernisation Program
(Himachal Pradesh, Rajasthan and Maharashtra)
Diagnostic assessment of technology systems
Development for the Vision 2025 for skilling
and technical support unit for implementation
State of Aadhar Report 2017, 2018 & 2019-
World's largest survey on digital identity:
State of Aadhar 2019: a people's perspective
Geospatial technology and to provide land titles
to 250,000 slum households
Using drones to map 200,000 slum households
and provide land titles
Engagement with Governments & Regulators
-
Margin
Engagement with Governments & Regulators
NITI AYOG SEBIReal Estate Regulatory
Authorities (RERA)RBI Government of
Punjab
Program Management Unit for the National
Data Analytics Platform (NDAP)
Member of 'Social Stock Exchange'
Committee
Create a common, open, platform, citizen-centric
platform for the real-estate sector (Delhi,
Chandigarh)
Report on developing a
regulatory sandbox for India
Household Finance Committee
Review of land administration
technology systems
Expert review of land administration
IT systems
-
Margin
Our Investees’ Work with Governments & Regulators
Ministry of Housing & Urban Affairs
Ministry of Housing & Urban Affairs
Governments of Karnataka & Odisha
Governments of Andhra Pradesh & Telangana
Janaagraha‘Swachhata’ app
across 2600 municipal bodies for the Swachh Bharat
movementNational portal on municipal
finances
eGovernments FoundationDevelopment and deployment of National
Urban Innovation Stack (NUIS) and public service delivery platforms
in 16 states. Increase speed and efficiency of service
delivery in ULBs
Indian Institute of Science (IISc)
Development and deployment of India Urban
Data Exchange (IUDX), platform to share urban data at ease and
in a safe manner.
Akshara Foundation
Works with 16,000+ public schools in Karnataka and
Odisha
Landesa
Legal and policy review of all land laws for AP and
Telangana
Legal and policy review of all land laws for Telangana
-
Margin
Governments of Madhya Pradesh and Karnataka
Ministry of Electronics and Information
Technology (MEITY)
Ministry of Finance (MoF) Governments of Karnataka &
Odisha
WRI IndiaEmbed technology and provide technical and program
management
support to ULBs on urban planning and infrastructure
initiatives
Centre for Digital Financial Inclusion
Technical support, including policy impact study of impact
of merchant discount rate waiver on digital payments
IT for ChangeMember of committee set up
by ministry to recommend governance norms for non-
personal data
Indian School of BusinessSupport on 2019 Economic Survey,
especially Chapter 10 on addressing
rural distress
eGovernments Foundation:Citizen engagement platform for ~600
ULBs
JanaagrahaMunicipal finance reforms for~400
ULBs
The Education AllianceEnables public-private partnerships in
South Delhi Municipal Corporation schools
Our Investees’ Work with Governments & Regulators
-
Margin
Multiple State Governments
Multiple State Governments
Multiple Government Bodies
Multiple Urban Local Bodies
Teach For India1100 teaching fellows
annually in 7 cities
Foundation for Ecological Security
(FES)Preservation of commons,
water and natural resources, leading to increase in income
of farmers in Rajasthan, Odisha, Maharashtra, Karnataka,
Jharkhand
Indian Institute for Human Settlements (IIHS)
Policy and regulation design for Governments of
Chandigarh, Delhi, Himachal Pradesh, Maharashtra, and
Odisha
JanaagrahaStrengthen financial health of
ULBs through improving finance and staffing processes
Centre for Digital Financial Inclusion(CDFI)
Policy, regulation design and service-delivery support
eGovenments FoundationCitizen engagement platform for ~600
ULBsThe Education Alliance
Enables public-private partnershps in South Delhi Municipal
Corporation
SchoolsTranserve Technologies
Property tax management system with geospatial technology at
Jhansi, Beed,
GoaHousehold data management system for Delhi's Directorate of
Economics
and Statistics
Our Investees’ Work with Governments & Regulators
-
Margin
Office of the Registrar General of
India (ORGI)
Ministry of Rural Development
National Institute of Urban Affairs
15th Finance Commission
World BankDisseminating and visualizing
census data
Foundation for Ecological Security (FES)
Diagnostic assessment of technology systems
Works with NIRD (50,000 gram panchayats) to preserve
common lands & improve livelihoods
eGovernments Foundation National Urban Governance Platform
enables real-time
monitoring of citizen service delivery
JanaagrahaResearch inputs related to
recommendations on central and state grants to ULBs
Our Investees’ Work with Governments & Regulators
-
Margin
