Acumen Fund India

1
Acumen Fund India
TiE Delhi October 23, 2008

• Varun Sahni

2
Acumen Funds model
Raise philanthropic dollars from individuals
institutions
Identify enterprises
Share success lessons
Invest loans equity
Re-invest any returns
Provide managerial assistance
3
USD 17mm invested in critical goods services
Decentralized power
Rural IT
Pharmacies
Irrigation
Emergency Services
Water
Acumen India
Maternal healthcare
Eye Care
4

• Metrics
• Currently 51 state of the art ambulances in
  Mumbai, controlled by a 24x7 call centre
• Expanded to 30 ambulances in Kerala
• 40,000 lives impacted to-date
• Innovation
• First private sector ambulance company in Mumbai
• Pricing innovation (access for all)
• Strategic alliances
• London ambulance service
• New York Presbyterian   
• Maharashtra Government
• Future plans
• 8 city roll-out
• USD 10 million capital raise

1298 Emergency Services
Emergency Medical Services Investment
1,500,000 equity in Q1 2007
5

• Metrics
• 6 hospitals by end of October
• 270,000 lives impacted to-date
• Innovation
• Maternal and child healthcare 20-50 lower than
  prevailing market rates
• Largest private sector delivery brand in Andhra
  Pradesh
• 100 deliveries per hospital
• Future plans
• 30 hospitals year 3
• 140 hospitals by year 5

LifeSpring Hospitals
Emergency Medical Services Investment
1,900,000 JV with Hindustan Latex in Q1 2008
6
Looking forward
Capital
Knowledge
Talent

• USD 30m under management by EOY 2009
• Diversification
• Agriculture
• Nutrition

• Strong Indian contingency in Fellows program
• Intern partnerships with Corporates
• Acumen Advisors on investee Boards

• Hands-on investee workshops with ISB
• Replication of models
• Case studies for publication

Business Development

• Fundraising for Acumen Trust
• Thought leadership