India's Lok seeks $200m for Fund IV, gets AIIB support
Indian impact investor Lok Capital has secured USD 25m from Asian Infrastructure Investment Bank (AIIB) for its fourth private equity fund. The target is USD 200m.
Lok launched the fund in November 2018, initially seeking USD 150m. A first close of USD 90m case last December with contributions from Evolvence India and Switzerland-based Blue Earth Capital. LPs also...
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