{"id":1527,"date":"2026-02-25T12:05:14","date_gmt":"2026-02-25T19:05:14","guid":{"rendered":"https:\/\/blogs.autodesk.com\/autodesk-foundation\/?p=1527"},"modified":"2026-02-26T17:05:10","modified_gmt":"2026-02-27T00:05:10","slug":"a-path-to-quality-jobs-in-india","status":"publish","type":"post","link":"https:\/\/blogs.autodesk.com\/autodesk-foundation\/2026\/02\/25\/a-path-to-quality-jobs-in-india\/","title":{"rendered":"A path to quality jobs in India"},"content":{"rendered":"\n

Our investment in Upaya Social Ventures<\/h2>\n\n\n\n

India faces a dual crisis: in 2022, more than 75 million people lived in extreme poverty, defined as less than $3 a day, while escalating climate risks threatened the country\u2019s sustainable development path according to the World Bank<\/a>. Addressing these challenges requires solutions that create pathways to formal, dignified employment. Many promising sectors such as waste management, renewable energy, rural manufacturing, and agri-processing remain underfunded.<\/p>\n\n\n\n

\"Green
Image courtesy of Upaya Social Ventures<\/figcaption><\/figure>\n\n\n\n

Meanwhile, entrepreneurial support\u00a0infrastructure\u00a0is minimal\u00a0with an inefficient\u00a0accelerator-to-investment pipeline resulting in a\u00a0gap in\u00a0small businesses\u00a0financing. These businesses are too large for microfinance, too risky for banks, and not attractive enough for venture capital, contributing to\u00a0an estimated\u00a0$5.7 trillion\u00a0global small business financing gap (2019), according to the IFC\u2013World Bank MSME Finance Gap report from March 2025<\/a>.\u00a0This gap leads to a critical shortage of capital for job-creating enterprises with proven impact.<\/p>\n\n\n\n

Why Upaya Social Ventures?<\/strong><\/strong><\/h2>\n\n\n\n

The Autodesk Foundation is proud to include Upaya Social Ventures in our Work & Prosperity<\/a> portfolio. Founded in 2011, Upaya\u2019s mission is to create dignified jobs for people in India living in extreme poverty. To date, Upaya has accelerated 73 companies and facilitated over 72,000 dignified jobs across 51 investees.<\/p>\n\n\n\n

\"Tamul
Image courtesy of Upaya Social Ventures<\/figcaption><\/figure>\n\n\n\n

Upaya addresses India\u2019s \u201cmissing middle\u201d by leveraging innovative financing mechanisms, notably its Pool of Recoverable Grant (PRG) fund model. This approach recycles philanthropic capital, bridging the gap between grants and commercial investment. By 2018, after years of investing and running its accelerator, Upaya learned that its entrepreneurs needed flexible early growth capital to scale its impact, which led it to pioneer the PRG model with PRG I and later PRG II in 2022. The success of PRG I and PRG II\u2014evidenced by recycled capital, strong follow-on funding, and significant job creation\u2014paves the way for PRG III to expand this evergreen model. Upaya aims to generate 300,000 dignified jobs by 2030 through supporting over 100 businesses with its accelerator programs and three PRG funds.<\/p>\n\n\n\n

Alongside capital, Upaya offers high-touch services that many enterprises lack, including technical assistance in investment readiness, financial systems, impact measurement, and fundraising. Its accelerator provides tailored advisory, access to networks, and direct pathways to funding. Its impact measurement practices emphasize dignified work outcomes, allowing enterprises to accurately quantify its social return on investment. These comprehensive services are vital in India\u2019s ecosystem, helping de-risk companies, unlock follow-on funding and turn business viability into job creation at scale across rural manufacturing, agriculture, textiles, and waste circularity.<\/p>\n\n\n\n

\"Inside
Image courtesy of Upaya Social Ventures<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

\"Headshot<\/figure>
\n

\u201cOur approach to supporting entrepreneurs whose enterprises are scaling and investing in dignified work across sectors such as climate resilience, circular economy, mobility, and manufacturing aligns with Autodesk Foundation\u2019s mission and expertise. We\u2019re fortunate that our portfolio organizations can benefit from this funding, along with access to Autodesk technology.\u201d<\/p>\n\n\n\n

– Shruti Goel, Co-Chief Executive Officer, <\/em>Upaya Social Ventures<\/p>\n<\/div><\/div>\n\n\n\n

Upaya\u2019s team and portfolio companies can leverage Autodesk\u2019s technical expertise to strengthen its organizations and operations. This includes access to Autodesk software, customized training, and pro bono consulting from Autodesk employees.<\/p>\n\n\n\n

Learn more<\/a> about Upaya\u2019s work.<\/strong><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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