Impact investor Ankur Capital to launch $50 million fund next year
Monday, March 13, 2017
Mumbai-based impact investor focused on innovative businesses in agriculture, healthcare, education, skill development and rural access – is positioning for the next leg of growth.
The firm has expanded its team and is looking to launch a new fund of up to $50 million early next year, company’s co-founder Rema Subramanian told DEALSTREETASIA in a telephonic interview.
The VC firm had closed its first fund in 2016 with a corpus of Rs 50 crore from multiple Indian and overseas investors.
Having seven companies in its portfolio, Ankur Capital is in the process of adding three more companies – one each in the agriculture, health and education segments – in a couple of weeks, said Rema Subramanian, co-founder of Ankur Capital.
Source: DealStreetAsia (link opens in a new window)
- Impact Assessment, Investing