Impact investor Lok Capital returns $65m to investors

Photo: Mint

Impact investor Lok Capital has returned the principal amount of $65 million that it raised from investors for its second fund, Lok Capital II, a senior executive of the firm said.

“Our second fund has already returned the principal capital raised from investors, which is around $65 million. We have about three more years to go and we are comfortably positioned to beat our expected IRRs (internal rates of return),” said Vishal Mehta, co-founder and partner at Lok Capital.

Bring stories like this into your inbox every day.

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