Aavishkar Hopes to Close $75 M Frontier Fund, Take Impact Investing Model Beyond India
Thursday, March 20, 2014
Aavishkar, among the best known micro-venture and micro-finance funds in India, is looking to wrap up its $75 million Frontier Fund raise by the third quarter of 2014.
Aavishkar will take its vast learning’s in India and will exclusively deploy the Frontier Fund in neighbouring countries of India and South East Asia in an effort to spread its scope of operations. This move by Aavishkar, will perhaps be the among a handful of India-focussed private equity funds going global.