India


Aavishkaar to raise $150 million fund for Africa investments

Aavishkaar to raise $150 million fund for Africa investments

Aavishkaar is expected to start the fund-raising for Africa investments around the middle of 2017 and close it in 2018, says founder Vineet Rai
Impact investment firm Aavishkaar Venture Management Services (AVMS) plans to raise up to $150 million to invest in Africa, said a senior executive.
“We are looking to raise between $100 million and $150 [...]