China-backed AIIB to invest $25m in India's Lok Capital fund 4

China-backed AIIB  to invest $25m in India's Lok Capital fund 4

Source: AIIB website

Asian Infrastructure Investment Bank (AIIB), a China-backed multilateral development bank, on Friday said it has agreed to invest up to $25 million in Lok Capital IV LLC (the Fund), in its first purely impact-focused investment in India.

Edited by: Joymitra Rai

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter