BASIX (India)
BASIX is an institution concerning the promotion of livelihood established in 1996 in India. It is headquartered in Hyderabad, Telangana. BASIX Group BASIX is the brand name of a group of companies, which are: Bhartiya Samruddhi Investments and Consulting Services Ltd. (BASICS Ltd), is the holding company through which equity and debt investments are made in the group companies. It set up two fund based companies - Bhartiya Samruddhi Finance Ltd, a micro-finance NBFC in 1997 and Krishna Bhima Samruddhi Local Area Bank Ltd in 2001. It also promoted BASIX Academy for Building Lifelong Employability Limited, BASIX Consulting and Training Services Limited, BASIX Krishi Samruddhi Limited, and Ctran Consulting Limited. Indian Grameen Services, is a non-profit company, registered under the Section 25 of the Companies Act. IGS was promoted by Professional Assistance for Development Action (PRADAN). Established in 1987 by Vijay Mahajan, Deep Joshi and Sankar Datta, it engages in capacity building, research and development to extend commercial services for promoting livelihood opportunities for rural producers. During 1988-1995, IGS focused initially on identifying and developing livelihoods, then on provision of technical assistance and support services, and then on providing marketing support. Bhartiya Samruddhi Finance Ltd. (Samruddhi), an RBI registered NBFC,