Impact investor Lok Capital to inject 15% of third fund in fintech firms

Vishal Mehta, Co founder and Partner, Lok Capital

 Impact investor Lok Capital is looking to invest at least 15-20% of the corpus of its third fund—Lok Fund III—in technology companies working in the area of financial inclusion, a senior executive said.

This is the first time Lok Capital, which invests in businesses that generate both financial returns and social or environmental good, is considering tech companies. It has already invested in two fintech companies—Mintifi and Affordplan—from the third fund.

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