Aavishkaar Capital to launch $250m ESG fund to invest in Asia, Africa

Visual from Avishkaar Box website

Aavishkaar Capital, one of India’s largest impact investors, is set to launch a $250 million ESG fund to focus on investments in Asia and Africa, top company executives told DealStreetAsia.

The firm has already made the first close at $55 million and plans to raise the targeted capital over the next 2 years. The official launch of the fund titled ESG First Fund is slated to take place over the next few months. It will be a 50:50 debt-equity fund.

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