SONG Investment Company
SONG Investment Management Company and SONG Investment Company are firms based out of Mauritius, funded and owned by the Soros Economic Development Fund, Omidyar Network and Google. SONG Investment Advisors India Private Limited is the sole investment advisor to the SONG Investment Management Company. The overall aim of SONG Investment Advisors is to create a successful model to demonstrate that investing in SMEs (Small- and Medium-Sized Enterprises) not only can achieve shareholder returns-hence catalyzing greater investment in the sector-but can also generate stakeholder returns, such as increasing economic opportunities and jobs for the masses in India.
SONG’s mission is to help build great businesses that create value for all stakeholders. Its vision is to use its platform to catalyze socio-economic development, so that the benefits of economic growth reach the masses in the emerging markets. SONG believes that emerging markets have unique problems that cannot be solved by mere replication of current developed economy business models without significant local innovation. It plans to partner with likeminded entrepreneurs and help them realize their dreams by providing them with right capital, strategic insights and synergistic ecosystems.
SONG plans to target the SME space in India as an initial market, with potential expansion into other developing countries. It will profitably invest in India’s SME space and validate the viability of SME as an asset class. It will participate in capacity-building efforts, while documenting challenges and solutions to ease replication.