Industrial Technologies

Aavishkaar

Contact: Vineet Rai
Work 512, Fifth Floor, Palm Spring, Link Road Malad (West), Mumbai 400064 India Work Phone: +91-22-42005701 Website: http://www.aavishkaar.org/

Biography

The Aavishkaar India Micro Venture Capital Fund ("Aavishkaar") is a venture fund founded to promote development in rural and semi-urban India. To this end, the firm provides micro-equity funding (Rs. 10 lacs to Rs. 2 Crore), approximately USD $20 thousand to USD $500 thousand) and operational and strategic support to commercially viable companies increasing income in or providing goods and services to rural or semi-urban India.

We make equity and / or quasi-equity investments in private limited companies, debt investments into existing portfolio companies, with a target holding period of 7+ years. Aavishkaar targets investing towards small & micro enterprises that: increase incomes in or provide critical goods and services to rural or semi-urban India, are commercially viable, are environmentally friendly, and have little or no access to established financial institutions for risk capital or collateral free loans. Within the environmental sector, we currently have investments in companies working with small scale rural renewable energy (hydro, biomass) and energy efficiency.   

Categories: $250,000 - $500,000, Agriculture / Forestry, Asia, Building & Construction, Community Development Venture Capital Firm, Debt, Ecotourism / Land Development, Energy: BioFuel, Energy: Biomass, Energy: Efficiency, Energy: Small Hydro, Energy: Solar, Energy: Wind, Equity, Food, Industrial Technologies, Less than $250,000, Life Sciences, Lifestyle / Natural Products, Recycling, Seed, Transportation, Water