SAMRIDH Blended Finance Facility, supported by the United States Agency for International Development (USAID and implemented by IPE Global, combines commercial capital with public and philanthropic funds to mitigate barriers for private investment in market-based health solutions that can improve access to quality, affordable, care continuum service delivery for the vulnerable population.
The initiative has mobilized a capital pool of over $300 million to offer grant and debt financing provision to healthcare enterprises and innovators, to augment production and supply of high impact health solutions. This is complemented with a strong technical assistance and business advisory component to enable enterprises to make process and product improvements, navigate policy regimes and build sustainability strategies for a long-term impact.
SAMRIDH works in technical collaboration with Atal Innovation Mission & Women Entrepreneurship Platform, NITI Aayog, Principal Scientific Advisor to the Government of India, the National Health Authority, Indian Institute of Technology Delhi, The Rockefeller Foundation, Axis Bank, Indusind Bank, HDFC Bank, and Caspian Debt.
Key Outcomes
- 90+ high-impact health solutions submitted
- $24 million deployed
- $330mn+ fund leverage estimated
- 42000+ health facilities reached
- 38,000+ medical professionals, and community health workers trained
- 21 million+ people directly impacted
- 45 million+ people reached
