Tata Trusts have been investing in the development of India's innovative financing ecosystem since 2018. By playing an institution-building role and partnering with organisations like Social Finance India (SFI) and the British Asian India Foundation (BAIF), the Trusts aim to enhance efficiency through standardisation. This includes standardised contracts, outcome rate cards, pooled funds, cost-effective evaluations, and leveraging technology for performance management.
Drawing from Tata Trusts' experience in outcomes-based financing and the overall literature on innovative financing, we are pleased to share a white paper by Dr Archana Mehendale titled “Building an Innovative Financing Ecosystem”. This paper delves into the what and how of innovative financing and impact bonds, showcasing both International and Indian experiences in the education sector and evolving philanthropy. It also highlights key questions that could influence the future direction of innovative financing efforts and suggests potential areas for philanthropic engagement.
Click here to read the white paper on Building an innovative financing ecosystem
