SIFEM - Swiss Investment Fund for Emerging Markets

New investment in Venture East II

The VenturEast Proactive Fund II is an India only focused venture capital /early-stage fund. It seeks to invest in early stage, technology focused companies primarily targeting local consumption. Target companies will demonstrate high enabling technology that addresses current challenges for Indian consumers in the rural and semi urban markets. SIFEM will invest USD 10m. The Fund had a first close in August 2016.