Global Supply Chain Support Fund is Now a 2X Challenge Qualified Investment

22nd May 2026: At Global Supply Chain Support Fund (GSC Support Fund), we are delighted to announce that we are now a 2X Challenge Qualified Investment in the 2X Challenge 2024-2027.
 
In August 2025, Japan International Cooperation Agency (JICA), Japan’s governmental agency for official development assistance, announced an investment of USD 40 Million into Aavishkaar Capital’s ‘Global Supply Chain Support Fund’ to support enterprises across Asia and Africa to unlock inclusive and sustainable growth. Following JICA’s investment, the Global Supply Chain Support Fund (GSC Support Fund) has now been recognized as a 2X Challenge Qualified Investment, affirming our commitment to inclusive growth and women’s economic empowerment.
 
The 2X Challenge 2024-2027 is a collective commitment by Participating Investors that aims to unlock at least US$20 billion over three years. Qualified Investments are investments made by Participating Investors that align to the 2X Criteria, are formally qualified by the 2X Challenge Working Group and are reported to 2X Global.
 
The Global Supply Chain Support Fund (GSC Support Fund), is a 220 Million USD, Structured Credit fund managed by Aavishkaar Capital (part of the Aavishkaar Group) and supported by KfW, the German Development Bank and Japan International Cooperation Agency (JICA), Japan’s Governmental Agency, that is investing in enterprises across Africa and Emerging Asia to unlock inclusive and sustainable growth.
 
Welcoming the development, Ashish Patel, Managing Partner- Global Supply Chain Support Fund, Aavishkaar Capital said, “We are delighted to be a 2X Qualified Investment and we will use this opportunity in reaffirming their commitment to invest in women and empower women globally by backing women led businesses with significant impact capital. This is both an honor and responsibility and at Global Supply Chain Support Fund we will ensure that it stands true to its commitment.”
 
Sowmya Suryanarayanan, Managing Director – Impact and ESG, Aavishkaar Capital said, “The Global Supply Chain Support Fund’s qualification under the 2X Challenge is a powerful validation of our commitment to embedding gender equity within our investments. By expanding opportunities for women across supply chains, we are not only advancing SDG 5, but also demonstrating that inclusive growth is fundamental to building resilient markets.”
 
2X Criteria is the global industry standard for assessing and structuring investments that provide women with leadership opportunities, quality employment, finance, enterprise support, and products and services that enhance economic participation and access. They have been widely adopted by investors, financial intermediaries and companies as well as other stakeholders worldwide to assess and monitor gender-lens investments, unifying investors under one framework and language.
 
For more details, write to supplychainfund@aavishkaar.in 

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