What Raintree Foundation does

Raintree Family Office LLP is a Mumbai-based proprietary single-family office established by the Dandekar family — Leena Dandekar, Abha Dandekar, and Vivek Dandekar — that manages two distinct pools of capital: a proprietary for-profit investment pool and a separately identified not-for-profit pool. The organization is structured as two interconnected entities sharing founders, governance, and a unifying thesis: promoting innovation in climate solutions, sustainability, and responsible consumption. Raintree Family Office handles the for-profit side through ESG-conscious alternative assets, impact investments, and public market equities, while Raintree Foundation runs catalytic philanthropy programs targeting comprehensive landscape transformation.

The current portfolio comprises five companies — Sedemac, Smart Joules, Watefield, Grameen, and Proklean — spanning energy efficiency, water solutions, cleantech, and social development. Notably, Proklean Technologies raised $4 million in a funding round covered by the Economic Times in June 2023, and Smart Joules partnered with Apollo Hospitals on a decarbonization program that eliminated 2,90,000 tons of carbon — covered by PR Newswire and Forbes India in 2023. Raintree's go-to-market is relationship-driven, with deal sourcing running through the founders' direct professional networks rather than traditional fund-marketing channels.

The business model is proprietary capital deployment, not fee-for-service revenue. Raintree does not charge management or transaction fees, has no defined fund lifecycle to return capital, and is not bound by the rigid investment mandates of a typical Alternative Investment Fund. Founders bring complementary expertise — Leena from finance and law (former Camlin Group Board Director), Abha from HR and strategy (ex-large Indian Bank, MBA from Bayes Business School), and Vivek from law and wealth management — enabling in-house due diligence and ongoing strategic facilitation for portfolio companies.

Name

Raintree Foundation

Legal name

Raintree Family Office LLP

Website

https://theraintree.co.in

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Raintree Family Office LLP is a Mumbai-based single-family office managing proprietary for-profit and not-for-profit capital pools through impact investments in climate and sustainability ventures, complemented by its philanthropic foundation supporting landscape-transformation programs.

Ownership category

akta.pro rank

Product category

Single-Family Office and Impact Investing

NAICS

Grantmaking Foundations (813211), Portfolio Management and Investment Advice (52394), Grantmaking and Giving Services (8132)

SIC

Investment Advice (6282)

akta.pro primary industry

Environmental & Climate Grantmaking Foundations (BPAGAKAM)

akta.pro secondary industries

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA), Endowments (Universities, Foundations, Nonprofits) (FSAAAGAC)

Keywords

• Impact venture capital
• Family office investing
• Climate focused investing
• Catalytic philanthropy programs
• ESG conscious investments

Headquarters

HQ city

Pune

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Returns from Portfolio Companies: The foundation manages proprietary for-profit capital and separately identified not-for-profit pools. They make equity investments in innovative for-profit ventures that address critical environmental and climate issues. Returns from successful portfolio companies support the foundation's philanthropic activities.

Go-to-market motion1 record

Marketing channels1 record

Core offering

Raintree Foundation is the philanthropic arm of Raintree Family Office, a proprietary single-family office established by the Dandekar family. It manages two pools of capital — a proprietary for-profit pool and a separately identified not-for-profit pool — to build a diversified, socially conscious investment portfolio spanning ESG-conscious alternative assets, impact investments, and public market equities. The foundation deploys catalytic philanthropy through its flagship landscape-transformation program aimed at environmental, economic, and social well-being.

Product overview

Raintree Foundation operates as a unified organizational structure comprising two interconnected offerings: Raintree Family Office (the proprietary single-family office managing both for-profit and not-for-profit capital pools for socially conscious investing) and Raintree Foundation (its philanthropic arm focused on catalytic philanthropy and landscape transformation). The Family Office handles ESG-conscious alternative assets, impact investments, and public market equities, while the Foundation leverages that capital strategy to drive environmental and social impact through landscape-level transformation programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Raintree Family Office A proprietary single-family office managing for-profit and not-for-profit capital pools to build a diversified socially conscious investment portfolio of ESG-conscious alternative assets, impact investments, and public market equities, with a focus on equity investments in innovative for-profit ventures addressing critical environmental and climate issues.
• Raintree Foundation The philanthropic arm of Raintree Family Office, leveraging catalytic philanthropy to strengthen the development ecosystem. Its flagship program targets comprehensive landscape transformation from environmental, economic, and social well-being perspectives, with the vision of "Dignity and Wellbeing for Planet and People."

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Direct peers

• ClimateWorks Foundation: Global philanthropic foundation funding climate mitigation and landscape-level initiatives. Comparable as a climate-thematic grantmaking and impact-investing foundation, though operating at much larger scale.
• Yunus Social Business: Social business foundation funding enterprises tackling poverty and environment. Comparable in combining philanthropic vision with for-profit enterprise backing in emerging markets.
• Acumen: Global impact investor backing entrepreneurs addressing climate and poverty. Comparable in patient-capital approach and willingness to take early-stage positions in climate/social ventures.
• Asha Impact: India-focused impact investment platform backing mission-driven enterprises. Comparable in combining patient capital with a focus on social/environmental outcomes for Indian SMEs and startups.

Regional players

• Intellecap: Indian impact advisory and investment firm focused on climate, energy access, and inclusive development. Comparable as fellow India-based climate-and-impact capital allocator.
• Omnivore: Indian venture fund investing in agritech and climate solutions. Comparable in deploying equity into early-stage Indian for-profit climate and sustainability ventures, similar to Raintree's portfolio approach.
• Aavishkaar Group: India-focused impact investing fund with climate, agriculture, and inclusive finance themes. Comparable as a fellow India-based climate/impact capital provider with both for-profit and philanthropic capital pools.

Broad incumbents

• TPG Rise Climate: Large institutional climate-investing platform with impact and financial-return mandates. Comparable thematic focus on climate solutions, though at vastly greater scale than a single-family office.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raintree Foundation