Aspire Impact has announced a strategic investment from Hong Kong-based Parinama Group, alongside key leadership and governance appointments.
As part of the announcement, Saloni Malhotra has been appointed Chief Executive Officer of Aspire Impact Assurance (AIA), the organisation’s services vertical, while Dr Ram Sharma, Chancellor of UPES, has joined as a Member of the Board of Advisors.
The three-fold development including funding, leadership expansion, and advisory strengthening comes at a time when Aspire Impact is scaling its capabilities and presence across markets. Following the investment, the company has reached a post-funding valuation of INR 360 million. Over the past six years, Aspire Impact has reported strong growth, expanding its client base at a 65% CAGR and revenues at 83% CAGR, serving over 60 clients and delivering more than 150 ESG, sustainability, and impact measurement engagements.
The organisation works with a range of marquee clients including Ather Energy, Protean eGov, Mahindra Lifespaces, Mahindra Holidays, Urban Company, Capgemini, Kotak Bank, ICICI Bank, and Tata Capital Healthcare Fund. The fresh capital from Parinama Group is expected to accelerate the development of Aspire Impact’s SaaS platform, IKOO World, while supporting its expansion in India and international markets. The global ESG, sustainability, and impact measurement market is projected to grow from $15 billion in 2025 to $31 billion by 2030, according to company estimates.
Guneet Banga, Founder, Parinama, said: “Aspire Impact is building a critical layer in the global impact ecosystem credible, comparable, and decision-useful measurement. This is essential for directing capital towards genuine impact. We are excited to support Aspire Impact at this early stage.”
Saloni Malhotra said: “Aspire Impact is addressing one of the most important gaps in the global economy, the need for a robust and credible framework to measure impact. I am excited to join this journey and contribute to building a system where impact becomes integral to how organizations define success. Aspire Impact’s Comprehensive Impact Assessments have the potential to become a unifying global benchmark, and I look forward to helping scale this vision.”
Dr Ram Sharma said “Joining Aspire Impact is a natural extension of my commitment to building purpose-driven institutions. I am eager to help bridge the gap between academic rigor and corporate accountability, ensuring that impact measurement becomes a fundamental standard for leadership across the Global South.”
Commenting on the developments, Amit Bhatia, Founder of Aspire Impact, said “The steadfast support of Guneet, The Parinama Group and Dr. Ram Sharma, is a testament to our shared vision on the Impact imperative. We are equally thrilled to welcome Saloni to Aspire Impact. She is a rare leader who combines deep operational experience in the corporate world, grassroots credibility in the social sector and the storytelling lens of the media. Together, we will ensure that impact is measured with the same rigor as financial performance.”
