Money alone might improve extreme poverty; economic justice requires more. When Upaya looks for companies that create dignified jobs for the poor, we evaluate questions of reliability, safety, and fundamental respect in addition to the economic benefits.
In March 2015, Upaya exited its investment in Delhi-based Justrojgar after its shares were bought back by the entrepreneur, Ajaya Mohapatra.
This is the first full exit of a partner from Upaya's LiftUP Project. The organization will re-invest 100% the returns from the transaction into a future LiftUP Project partner in a manner consistent with its Pioneering Capital model.
Upaya initially invested in the Delhi-based skilling company in 2012.
Upaya Social Ventures is a registered 501(c)(3) nonprofit organization.
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