Venture fund to target India’s neglected Dalit people
The Dalits, a group that faced years of prejudice at the bottom of India’s caste system, are set to benefit from the country’s first ever venture capital fund focusing solely on Dalit-owned enterprises. It plans to support a combination of start-ups and more established ventures.
The $95 million vehicle is set to begin operation in August of next year and is in the process of seeking a first round of investors, targeting a mixture of high net worth individuals and financial institutions...
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