Aavishkaar Capital raising $150m impact fund for Southeast Asia

A farmer plants rice seedlings in a paddy field on the outskirts of Yangon. Reuters

Aavishkaar Capital, one of India’s largest impact investors, is raising a $150-million vehicle targeting investments in Indonesia, Vietnam, Bangladesh and other emerging markets in Southeast Asia.

The vehicle will be Aavishkaar’s seventh and largest fund with a target to close next year, a top executive told DealStreetAsia in an exclusive interaction.

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