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IIFM has been a birthplace of many entrepreneurs from its inception. Profiles of some of the entrepreneurs can be found below:

Mr. Ajay Rai is the Founder of Earth Care Consultants, since 1997, Earth Care Consultants Private Limited (ECC) is working on various issues and projects in the area of natural resources management and rural development. Their clients include NGOs, Government Departments and bi-lateral and multi-lateral donor organizations and have executed projects in the state of Orissa, Uttar Pradesh, Jharkhand, Andhra Pradesh, Madhya Pradesh, Gujarat, Rajasthan, Haryana, Chhattisgarh, West Bengal and Karnataka. They have undertaken projects for Scandia consult, Stockholm; Natural Resource Institute, U.K.; SIDA, New Delhi; Haryana Community Forestry Project; National  afforestation and Eco-development board; WWF (India), New Delhi; DANIDA, New Delhi; Foundation for Ecological Security, Anand; National Tree Growers Co-operative Federation, Anand and Oxfam (India) Trust, among others.


Mr. Paul Basil, PFM 1994
Founder & Director of Villgro Innovation Marketing Ltd.

Over the last decade, Mr. Basil has worked in discovering thousands of innovations and innovators, incubated around 60 rural businesses and these have impacted over 5million house-holds in rural India with many of these innovations. Paul co-founded the Lemelson Recognition and Mentoring Programme for Innovators in collaboration with India's leading technology institution, the Indian Institute of Technology Madras. Mr. Basil also co-founded Villgro Innovation Marketing Pvt Ltd, a unique retail chain for innovative products targeting the rural poor.

Prior to setting up Villgro, Paul was part of the initial marketing team at Kerala Horticulture Development Programme (a collaborative programme of the Govt of Kerala and the European Union) in developing farmers markets. Over 100 farmers markets are now the hubs of commercial horticulture in Kerala. Initiated franchise retailing of fruits and vegetables.

Paul started his career with National Tree Growers Cooperative Federation (subsidiary of the National Dairy Development Board) an organization involved in waste-land rehabilitation


Mr. Vineet Rai , PFM 1994
CEO of Aavishkaar Venture Management Service & Co-founder of Intellecap

Vineet, with more than 18 years of successful experience in leading innovative interventions in the development sector, is the Founder and Managing Director of Aavishkaar Venture Management Services (Advisory and Manager to Various Aavishkaar Funds) and Co-founder & Chairman of the Intellecap Group of companies. He brings a unique understanding of enterprise based development approach through his pioneering interventions in venture capital, micro enterprises, microfinance investments, Incubations and social investment advisory.
Aavishkaar (AVMS) is a pioneer Impact Investor and advises multiple funds with more than US$140 million under management.  Aavishkaar advised and managed venture funds invest in enterprises active at the cusp of development and business, operating in underserved geographies, working with people on the borders of economic participation and doing so on a commercially sustainable basis.

Intellecap is a Social Advisory Firm that has many first to its credit including pioneering Social Investment Banking in India, Organizing SANKALP Forum the global platform for discussion around Social entrepreneurship and Impact Investing, India's first venture debt company Intellegrow and leading India's first acquisition in Microfinance space Arohan.  Intellecap group has four subsidiary and approximately 650 people in the group

A frequent speaker at national and global forums, Vineet has received numerous awards including the G 20 SME Finance Award, and the UNDP-IBLF World Business Award on behalf of Aavishkaar. He has also received the Ashoka Fellowship and Honorary Membership of XLRI Alumni Association. was also features in Rashmi Bansal's book titled I have a Dream.


Tanmay Chetan, PFM 1997
Founder and Managing Partner of Agora Microfinance 

Tanmay Chetan is the Co-founder and Managing Partner of Agora Microfinance, a group of companies that specialises in establishing and investing in microfinance institutions. His previous work in microfinance has included credit ratings, consulting and implementation in over 15 countries. During 2003-07, he served as the first CEO of AMK Limited in Cambodia. Before that, during 1997-2003, he was with M-CRIL, a specialized rating company for microfinance, during which he undertook and supervised ratings of more than 100 MFIs in a number of countries. Tanmay also holds a Masters in Public Administration (Mason Fellow) from the Harvard Kennedy School.


Mr. Naveen Kumar P, PFM 2001
Founder and Director of Sudiksha Knowledge Solutions, Hyderabad

Mr. Naveen Kumar is the Founder and Director of Sudiksha Knowledge Solutions Pvt. Ltd, Hyderabad. Sudiksha is a social enterprise that establishes affordable quality pre-schools in rural and urban India for poor children whose parents work in the informal sector. Sudiksha establishes the schools with the support of women entrepreneurs who are chosen from the neighbourhood communities where the schools are established. Sudiksha is also a social laboratory that works towards designing, training and researching various facets of education and aims at bringing about a revolution in the educational standards of schools in rural and urban India. Sudiksha presently own and manages 6 schools in rural districts of Andhra Pradesh and 12 pre-schools in backward localities of Hyderabad. Sudiksha imparts education that is creative and child-centred and inviting rather than intimidating; it understands that for children to have confidence in their abilities, the school should be a nurturing place.


Mr. Rahul Bist, PFM 2001
Founder Partner at M2i Consulting

Mr. Rahul Bist is the Founder Partner at M2i Consulting; M2i Consulting was set up in March 2006 with the mission of catalyzing the growth of microfinance by bringing in professionalism in the sector. M2i brings in the most recent applications of modern management principles to microfinance, by continuously assimilating knowledge from diverse fields and building on the body of knowledge within the microfinance domain. M2i uses rigorous analysis to solve complex management problems.


Mr. Akshai Abraham, PFM 2006
Founder and CEO of Project KHEL (Kids Holistic Education and Life-skills)

KHEL is an innovative initiative that uses sports as a platform to equip children from disadvantaged backgrounds with the necessary life-skills identified by WHO and UNICEF as crucial tools required for such children to deal with the challenges they face in their everyday lives. A customised series of sports and life-skills sessions helps children develop critical thinking and problem-solving skills, builds their sense of personal worth and agency, and teaches them to interact with others constructively and effectively. In addition, the program conducts special thematic sessions on issues such as health, sanitation, substance abuse, personal hygiene, civic sense, and sexual abuse.


Mr. Jaspal Shakya, PFM 2006
Co-founder & CEO at

Mr. Jaspal Shakya is the Co-founder & CEO at acts as a bridge between individuals and organizations in the global Non-profit, Startup and Social Enterprise space. The initiative provides one-stop web platform for Jobs, Fellowship, Internship, Volunteering, Consulting assignments, RFP/ EOI/ Tender, Events, Conferences, Trainings, Career Advice & Premium Hirings with a special focus on Non-profits, Start-ups and Social Enterprises.

A Youth Social Enterprise Initiative Fellow for the year 2006-2007, Jaspal has experience working in the areas of social sector recruitments, fair trade, livelihoods, microfinance, renewable energy, etc. He has been professionally associated with Start-ups, Non-profits, MFI and Fortune 500 companies like Grameen Koota, Community Friendly Movement, Fair Trade Forum- India, International Fund for Agricultural Development, Belkin Inc. USA and Khadi & Village Industries Commission.


Mr. Vijay Pratap Singh Aditya
Co-founder, Director and CEO of Ekgaon

Vijay Pratap Singh Aditya is an entrepreneur with professional experience of designing systems and institutions for enabling access to services and markets for rural producers and artisans. Vijay is Electrical Engineering Graduate with Post-Graduation in Forest Management from the Indian Institute of Forest Management, Bhopal, India. Vijay’s work revolves around utlising information and communication technologies for enabling access to markets, crop management information, technology & knowledge, finance and handholding services to rural businesses, producers and artisans for enabling access to better markets. Vijay is Co-founder, Director and Chief Executive Officer (CEO) of ekgaon.


Mr. Swapan  Mehra, PFM 2006
Founder and CEO of Iora Ecological Solutions

Mr. Swapan Mehra is the founder and CEO of Iora Ecological Solutions, a firm that provides finance, technology advisory and project management services for climate change mitigation projects in India. Prior to founding Iora, Swapan held top management positions with some of the largest carbon finance firms in the world including EcoSecurities, AES and Evolution Markets. Swapan is deeply passionate about biodiversity and ecosystem conservation and works with unique environmental finance mechanisms to catalyze effective climate change solutions in India. When not trekking in some of his favorite parts of India, Swapan spends his spare time, helping NGOs create sustainable development training programs. Specialty is in Clean Technology Project Identification, CDM Project Identification, Screening, Development, Project Finance, Contract Negotiation, Finalization, Client Management, Trading and Transactions, Transaction Structuring.


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