User Profile

Impact Investor, Asia Pacific, Toniic LLC

Shalaka Joshi is the Gender Lead for the International Finance Corporation (IFC)- the private sector focused arm of the World Bank- in South Asia. Shalaka has 15 years of global leadership experience in early-stage investing, social venture, financial inclusion, livelihoods and market-based solutions to poverty in emerging markets, especially in Asia. Her social enterprise career began with UNICEF where she worked on micro-planning and building public- private-nonprofit alliances. She also worked with Ashoka, a global association of the world‘s leading social entrepreneurs. Her private sector experience includes ICICI Bank - India’s largest private sector bank - where she led the process of integrating private sector partners into the Bank’s initiatives in health, education and micro finance. Shalaka has played a key role in building the field of impact investing globally. This included being part of the early team at the IFMR Trust and serving as a Managing Director of Unitus Impact (now Patamar)- an early-stage impact investing fund which supports the growth of scalable livelihood ventures in Asia. Shalaka also served as Managing Director, Asia-Pacific for Toniic- the world’s most active network of impact investors, supporting social ventures and funds across 28 countries. She led Toniic’s expansion into the Asia-Pacific region and as its Chief Investment Officer globally, across asset classes. A Chevening scholar and an Aspen Global Leadership fellow, Shalaka serves on the Boards of Toniic Global ( which seeks to move millions of dollars into impact investing globally), the IEF Entrepreneurship Foundation (which works with Indian State governments to mainstream entrepreneurship) and UnLtd, India (a leading incubator for social entrepreneurs). She is based out of Mumbai, India and enjoys poetry, travel and dance. She is a Fellow of the sixth class of the Kamalnayan Bajaj Fellowship and a member of the Aspen Global Leadership Network.