Avaana Capital's Sustainability Crusader
Anjali Bansal,Founder, Avaana Capital
From giving India Inc. some of its most high-profile CEOs as MD of executive search firm Spencer Stuart and strategy advice at McKinsey, to investing in best-in-class companies as CEO of TPG Growth and more recently in marquee start-ups such as Nykaa, Delhivery and Urban Company, Anjali Bansal, Founder, Avaana Capital, has made her presence felt in the investing world. As the former non-executive chairperson of Dena Bank, Bansal not just gave the stressed bank a new lease of life, she also engineered its merger with Bank of Baroda. Her focus is on businesses that create large impact. "The intent is not just to generate commercial returns. We have chosen to measure impact on the lines of UN SDG. We are looking at building Avaana as a large sustainability platform. We will invest in sustainable finance, agriculture, farm-to-folk supply chain, market linkage efficiencies and so on." The start-ups she has invested in are innovation led digital-first businesses. "The idea is to take what is happening in the innovation ecosystem and apply it to large-scale problem solving." Her investee companies include farm tech start-ups such as Intello Labs and Farm Art; Elda Health, a healthcare tech platform which focuses on women who are approaching menopause or are into menopause, and Eggoz, a direct-to-consumer egg brand that promises to offer clean and nutritious eggs.