Aavishkaar Capital is a venture fund that promotes development in rural and semi-urban India

Basic Information

Aavishkaar Capital mostly provides micro-equity funding and operational and strategic support, and is also known for its impact investing thesis. Its portfolio boasts of companies including AgroStar, Chqbook, Soulfull, Milk Mantra, and PayWell, among others. Currently, Aavishkaar manages six funds. It has about $450 million of assets under management, in terms of equity, across these six funds. It focuses on sectors including agriculture, agritech, financial inclusion, and essential services such as healthcare, education, and logistics. So far, Aavishkaar has made close to 69 investments and 32, full and partial exits. While Aavishkaar does not concentrate on any one kind of business, it largely focuses on segments that cater to the underserved population such as women in rural India, small business owners, and financial infrastructure. In March 2020, Aavishkaar Capital invested $5 million in Series A funding in Gurugram-based fintech startup Chqbook. See more

Legal Name

:

Aavishkaar Inc.

Headquarters

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Mumbai, Maharashtra , India

Founding Date

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Jan 2001

No. of Employees

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41 to 60

Core Team

:
1.

Vineet Rai

Founder and Chairman