GENERAL
Aavishkaar Capital closes 6th India-focused fund at $150m
JAKARTA — Impact investment company Aavishkaar Capital has closed its sixth India fund at a corpus of $150 million, 50% higher than its predecessor funds, its executives told DealStreetAsia.
“The main investment thesis remains pretty much the same. The fund plans to back early-stage businesses and growth companies in India,” said Tarun Mehta, partner-equity at Aavishkaar Capital, in an interview with DealStreetAsia.