ACT
About ACT

A co-founder of social change.

ACT is a non-profit, tech-led venture-philanthropy platform built by founders, operators and investors who believe entrepreneurial energy, technology and collective action can shift the curve on India's hardest social problems.

Our Origin Story

From a crisis response to a long-term platform

Six years ago, as the first wave of the pandemic broke over India and the country grappled with a humanitarian crisis at a scale no one was prepared for, a small group of people decided not to wait.

Operators, venture capitalists, tech entrepreneurs and social-impact leaders organised themselves into a collective with a single, urgent purpose: to support the public healthcare system in any way they could. They named it ACT — the Action COVID Taskforce — and got to work pooling capital, networks and operating muscle into a coordinated, founder-led response.

Across the first and second waves, the taskforce used live data and on-the-ground signal to find the gaps that needed filling fastest. It deployed oxygen concentrators where supply chains had broken, pioneered tele-ICU services that extended scarce critical-care capacity, supported vaccination rollouts and stood up mental-health counselling for frontline workers and the public alike.

The first years of that work taught us something simple but powerful: collective action, paired with a bias for action, can move mountains. That conviction gave us the confidence to widen the lens — from a single crisis response to a permanent platform working on the structural problems that India will be solving for the next decade.

Today, ACT runs as a long-term venture-philanthropy platform across four focus areas — Education, Environment, Health and Women — seeding the tech-led innovations that can address India's hardest social problems at scale, and convening the founders, funders and government partners who can take them there.

Our Charter Of Beliefs

What we hold to be true

A short, opinionated set of beliefs that show up in every cheque, hire and partnership we make.

01

Anything is possible when people come together behind a larger purpose.

02

The entrepreneurial mindset has the power to solve societal problems at scale.

03

Founders who build successful businesses can also lay the foundations for a better world.

04

Leaders who create great shareholder value also have the empathy to create greater shared value.

05

Collective action is the lever that moves the things no single organisation can move alone.

06

Technology and innovation, used well, are how sustainable social change actually happens.

07

We back ideas that are capital efficient, scale-ready and capable of generating impact today — not someday.

08

Whether you're a VC, a philanthropist, an entrepreneur, a domain expert or an activist — you have a real role to play.

09

Everyone can be a co-founder of social change.

The model

Capital, connections, collectives

Capital

ACT deploys hard-to-find, early-stage risk capital — the kind of patient money that is rarely available to social-impact founders. We write first cheques, anchor seed rounds and unlock follow-on funding by introducing our portfolio to philanthropic, blended-finance and commercial pools. Our model is designed for the long arc of social change: we underwrite the years it takes to find product-market-policy fit, not the next quarter.

Connections

Behind every cheque is a network. ACT connects portfolio founders to a curated bench of operators, venture capitalists, policymakers, civil-society leaders, government officials and academic researchers. These connections shorten the path from prototype to deployment — opening doors at state departments, brokering partnerships with implementers, unlocking introductions to the next round of capital and pulling in mentorship from people who have already built and scaled in adjacent domains.

Collectives

Hard problems demand coalitions. ACT convenes collectives — like the Green Startup Pledge, Pact For Gender Parity and the ACT Implementers Network — that bring funders, founders, government partners and civil-society organisations together around a shared mission. These collectives compound impact beyond any single cheque: they shape policy, set ecosystem standards and unlock pools of capital and talent that no organisation could mobilise alone.

Our Approach

ACT as a venture philanthropy fund

Our philanthropic grant-giving philosophy is rooted in three principles — the operating disciplines that decide where our capital goes, how we engage with founders and what we hold ourselves accountable for.

ACT

Founder First

We start with the founder. Our diligence, our cheques and the way we show up afterwards are all designed to back the operator behind the venture — not the deck behind the operator.

ACT

Catalytic

Our capital is designed to unlock more. Every cheque is structured to make the next, larger round easier — pulling in commercial investors, blended-finance partners and government co-funding behind a credible thesis.

ACT

Impact First

We measure ourselves by lives changed, not assets deployed. Every investment is held against a clear outcomes thesis, with full accountability for every rupee entrusted to the platform.

Our Approach

ACT as a collective action platform

We believe the impact of any single portfolio organisation compounds when the wider ecosystem moves with it. So we catalyse shared-value partnerships and bring funders, founders, government and civil society together around three pillars.

ACT

Enhance Capacity

We build capacity inside the wider ecosystem — funding programmes that strengthen founders, non-profits, public-system partners and the operating talent the social sector has historically been short of.

ACT

Incubate New Entrepreneurs

We bring new founders into the field — through fellowships, structured incubation, partnerships with academic institutions and a long-running pipeline of operators ready to start mission-aligned ventures.

ACT

Generate Knowledge

We turn what we learn into public goods — original research, white-papers, joint reports and convenings that move the wider community forward, not just our own portfolio.

Our Anchor Advisors

The Investment Committees behind each focus area

Each focus area has its own Investment Committee or Advisory Council — operators, investors and ecosystem leaders who guide thesis, evaluate new investments and stay close to the portfolio.

ACT For Education Investment Committee

The IC that anchors ACT's bets in Education — guiding focus-area thesis, evaluating new investments and stewarding portfolio strategy.

Ashish Dhawan

Ashish Dhawan

Founder, Central Square Foundation

Mekin Maheshwari

Mekin Maheshwari

Founder, Udhyam

Mohit Bhatnagar

Mohit Bhatnagar

MD, Peak XV Partners

ACT For Environment Investment Committee

The IC that anchors ACT's bets in Environment — across decarbonisation, water security, circular economy and climate adaptation.

GV Ravishankar

GV Ravishankar

MD, Peak XV Partners

Prashanth Prakash

Prashanth Prakash

Partner, Accel

ACT For Health Investment Committee

The IC that anchors ACT's bets in Health — across primary care, mental health, NCDs and public-system technology.

Dr. Ajay Nair

Dr. Ajay Nair

CEO, Swasth Alliance

Dr. Nachiket Mor

Dr. Nachiket Mor

Visiting Scientist, The Banyan Academy

Prashanth Prakash

Prashanth Prakash

Partner, Accel

Sandeep Singhal

Sandeep Singhal

Senior Advisor, Avaana Capital

Shekhar Kirani

Shekhar Kirani

Partner, Accel

ACT For Women Advisory Council

The Council that anchors ACT For Women — guiding the thesis on women's economic participation and the Pact For Gender Parity.

Abhiraj Singh Bhal

Abhiraj Singh Bhal

Co-Founder, Urban Company

Anjali Bansal

Anjali Bansal

Founder, Avaana Capital

Gayatri Yadav

Gayatri Yadav

CMO, Peak XV Partners

Mohit Bhatnagar

Mohit Bhatnagar

MD, Peak XV Partners

Shekhar Kirani

Shekhar Kirani

Partner, Accel

Suman Gopalan

Suman Gopalan

Ex-CHRO, Freshworks

Vivek Pandit

Vivek Pandit

Senior Partner, McKinsey

Yamini Atmavilas

Yamini Atmavilas

Director, Dasra

VC partners

Accel
Avaana
Aureolis Ventures
Kalaari
Lightspeed
Matrix
Nexus
Peak XV

ACT Capital Foundation For Social Impact is a not-for-profit company incorporated and registered under Section 8 of the Companies Act, 2013 (CIN: U85300KA2021NPL148543). All donations made to ACT Capital Foundation are eligible for income-tax deduction under Section 80G of the Income Tax Act.

ACT Capital Foundation For Social Impact © 2026 · All Rights Reserved