Aspada Investment Company to invest in the social impact space: Announces first investment
Aspada Investment is a VC that has been started by Thomas Hyland and Kartik Srivatsa to invest in sectors that create a social impact. Aspada recently received a $10 million commitment from the Soros Economic Development Fund (SEDF) to work to promote economic opportunity and sustainable impact in India. In an announcement, Aspada has made it's first investment in Lawrencedale Agri Processing (LEAF).
Founded by P. Vijayraghavan, R. Balakrishnan, S. Manoharan and K. P. Nair, LEAF works with small holder vegetable farmers in South India and provides technical support and market linkages. The company works with farmers owning less than two acres of land and improves income realizations through yield improvements, productivity increases, and consistent produce pricing.
Read the full interview with Thomas Hyland on Social Story.