CDC backs India impact investment fund
CDC Group has committed $25 million to Aavishkaar Venture Management’s latest India impact investment fund, which is targeting $200 million for deployment in small and medium-sized enterprises (SMEs) that serve poorer communities.
Aavishkaar Bharat Fund – the fifth vehicle raised by the GP – has completed a first close of $92 million, according to a CDC statement. It will concentrate on high social impact sectors such as agriculture,...
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