Making profit and doing good5 min read . Updated: 02 Dec 2015, 02:33 AM IST
Often profits and social good are hard to club together. Ahead of the SEOY Awards, a look at how a growing tribe of social entrepreneurs are bringing the two closer
Social enterprises are for-profit entities aimed at creating a social impact. Vidya Shah, chief executive of EdelGive Foundation, the philanthropic arm of Edelweiss Group, believes that social enterprises fill the gap that governments and market mechanisms have failed to address. Even though EdelGive Foundation does not invest in social enterprises, Shah says they have a strong place in a country with vast inequalities such as India.
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