L1 Impact is the impact investing business unit of LetterOne. It was established to address systemic societal challenges through intentional capital deployment. It operates with a dual mandate: generating competitive financial returns while delivering measurable, positive social outcomes.
L1 Impact focuses on improving Underserved Lives in three core impact themes: 1) Health & Wellbeing: Improving access, affordability and outcomes; 2) Education & Learning: Enhancing learning opportunities, affordability and outcomes; 3) Financial & Social Inclusion: Promoting economic equity and social mobility.
L1 Impact primarily functions as a Limited Partner, investing in venture capital and private equity funds, with typical commitments ranging from $20-50m per fund. To date, L1 Impact has committed over $150 million to impact-focused funds. To ensure accountability, it utilises industy measurement frameworks, such as the Impact Management Project’s (IMP) Five Dimensions of Impact, to track and manage the social value generated by its portfolio. It seeks investment opportunities in India and MENA.
