Aavishkaar plans $300m South Asia fund, aims first close by 2019-end

Vineet Rai, chief executive of Aavishkaar Venture Management Services, sees Indonesia as the next hub of impact investing. Photo: Mint

India’s biggest homegrown impact investor by size of investments, Aavishkaar Group, plans to raise $300 million for its South Asia-focused fund early next year to invest across financial services, agriculture, energy and health, said a senior executive.

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