There has been much progress in promoting base of the Pyramid (boP) business and a growing number of ventures and initiatives have come forward that reflect the different phases of the business value chain. in the past decade, work on inclusive business development has increased significantly and organizations working today on innovative models range from multinational corporations, co-operatives, small and medium-sized enterprises, governments, public institutions and international organizations, and even not-for-profit organizations that use business principles — or social business approaches — to achieve their mission. The social entrepreneurs would definitely address the issues at the bottom of the pyramid in the economy. The present paper is a theoretical framework in this regard delineating the pragmatism in the social entrepreneurship in Indian context.