BASIX is the group name of all the companies held or affiliated by the holding company Bhartiya Samruddhi Investments and Consulting Services Limited (BASICS Ltd) which is a public purpose company established in the year 1996 in India. As the holding company, it provides investment and strategic guidance to its subsidiaries in the areas of Micro-finance and livelihoods and has been involved in policy work related to the financial and livelihood promotion sector. The group provides livelihood services through provision of savings, credit, insurance, remittances, agriculture/business development services and institutional development services benefitting more than 3 million poor in Asia Pacific, South East Asia, South Asia and Africa. BASICS Ltd., has built and nurtured different legally incorporated institutions under its umbrella.
Indian Grameen Services was established in 1987 as a not-for profit Section 25 Company. IGS is engaged in Action research and promoting livelihood strategies and solutions that have potential to promote a large number of sustainable livelihoods. IGS strives to achieve the twin objectives of (i) developing sub-sector / vector intervention products and processes for livelihood promotion through pilot intervention and (ii) providing technical assistance and support services to institutions (including Community based institutions) involved in promotion of livelihoods of poor and women. http://www.igsindia.org.in/
Bhartiya Samruddhi Finance Limited is registered with the Reserve Bank of India (RBI) as a Non-Banking Finance Company (NBFC) MFI in the year 1996, which provides credit, risk mitigation and management services, and technical assistance. BSFL is unique among MFIs as it operates through more than 4000 CSCs as a Public-Private Partnership with the Govt. of India aimed at providing Government to Citizen (G2C) services. These CSCs are IT Kiosks with internet deliver a holistic suite of services through an alternate channel to the rural market. http://www.basixindia.com/
Krishna Bhima Samruddhi Local Area Bank, promoted by BASIX is licensed by RBI under a special category of Local Area Bank (KBS LAB), commenced operations in the year 2001. The bank operates in six districts three states, Andhra Pradesh, Telangana and Karnataka. In 2014 BASIX has completely divested its holding in the Bank. http://kbsbankindia.com/
Institute of Livelihood Research and Training (ILRT) established in 2007is an academic and Research institution. ILRT works on building knowledge about processes, methods and principles of livelihood promotion and disseminating the same to enhance the capacities of practitioners, whose work affects the livelihoods of a large number. ILRT has earned the recognition as a Scientific and Industrial Research organization (SIRO) by Ministry of Science and Technology, Government of India. ILRT undertakes action research for policy advocacy. www.ilrtindia.org
CTRAN Consulting Services Ltd is a leading consulting organization on infrastructure, energy and environment sector with special emphasis on Climate Change and Clean Development Mechanism. The organization works through Public Private Partnership (PPP) mode and Public Private Community Partnership (PPCP) mode. http://www.ctranconsulting.com/
BASIX Academy for Building Lifelong Employability Ltd (B-ABLE) seeks to create an innovative, sustainable model for building a high quality skilled workforce – both in the unorganised and the organised sectors. It provides market-driven, aspiration-based vocational education and training using technology and partnership to youth. B-ABLE launched its initiative in 2009 with a model skill training campus at Dehradun. Since then B-ABLE has extended its reach extensively and has around 30 own centres in 11 states in India. The sectors where vocational training is provided include Rural Farm & non-farm trades, Healthcare, Tourism, Hospitality & travel trades, Food Processing, Industrial skills, Automobile, Construction and Domestic House Assistance. www.b-able.in
BASIX Consulting and Technology Services Limited (BCTS) draws on the experiences and expertise of BASIX across all group companies and offers consulting and advisory services to other institutions in India and other countries. It provides practical and customized solutions in four thematic areas viz Institution Development Services, Financial Inclusion Services, IT Advisory Services, Technology to Markets. The services offered include sector and policy research and advocacy;capacity building, project management, short term training programs and long term techno managerial handholding support to institutions;product development in microfinance including micro-insurance; digital finance services, diagnostic and institutional assessment studies; monitoring and evaluation; impact assessment. BCTS provides services in the regions of Africa, Pacific, South Asia and South East Asia. www.basix-consulting.com
BASIX Sub-K iTransactions Ltd. was incorporated in September 2010 to provide residents of rural, urban and semi-urban areas with a mobile technology based transactional platform for access to digitized services. These could include Banking Services, Savings, NREGA and other Government Payments, Money Transfers, Utility Payments, Prepaid Mobile Top-ups and others, enabled through a network of Basic Convenience Outlets (BCO) operated by Sub-K agents. Sub-K works on appointing service providers / banks at one end and BCOs at the other to bridge the digital divide and create a more prosperous, ‘financially included’ society. http://subk.co.in
BASIX KrishiSamruddhi Limited has evolved in the year 2010 to provide a holistic suite of services in an integrated manner to the farmers engaged in agriculture and agri-allied activities. The company operates under a decentralized business model where each branch responds to local conditions and requirements and seeks to maximize the number and type of BASIX Krishi farmer-customers. The agriculture advisory services provided by Krishi help in productivity enhancement of the small and marginal farmers. Through local value addition and input and output linkages, the company helps in better price realization and more remunerative options for the produce of the farmers. http://basixkrishi.com/
BASIX Municipal Waste Ventures Limited was incorporated in the year April 2012. BMWV provides integrated solid waste management services including primary doorstep collection, of waste sorting, recycling, and composting within the municipal jurisdiction. The waste management activity would be carried out by a model waste picker group trained by BMW to provide efficient, timely and quality integrated solid waste management services to citizens. http://bmwv.co.in/
Livelihood BASIX Inc. The BASIX Social Enterprise Group has been working internationally for over ten years. Initially, the assignments were in the form short-term consultancy contracts, which over a period of time have grown into multi-year, multi-million dollar assignments such as in PNG, Bhutan, Timor Leste and Ethiopia. A new entity by name, Livelihood BASIX Inc. as a not-for-profit corporation in New York State, USA has been incorporated to provide the necessary support to various Group entities reaching their scope of services beyond the Indian boundaries through advisory services. http://www.livelihoodbasix.org
Connect India is the youngest company of BASIX group set up in 2014. Its objective is to create one single physical network for last mile delivery to connect urban and rural India. The logistics service is supported with robust technology platform and distribution network and BASIX commercial outlets which include the CSCs, FPOs, BCOs. The company aims at reaching the global products to consumer in rural India to ensure reliable global experience at local cost. http://www.connectindia.com