SIFEM invests USD 15 million in the Aavishkaar India Fund VI, which is managed Aavishkaar Capital, a leading fund manager with a strong track record of investments targeting the poorest segments of India’s population.
SIFEM invests USD 15 million in the Aavishkaar India Fund VI, which is managed Aavishkaar Capital, a leading fund manager with a strong track record of investments targeting the poorest segments of India’s population.
SIFEM’s investment in the Fund is expected to contribute to long-term private sector growth in India but will also provide much needed risk capital to help businesses weather the difficult economic environment resulting from the COVID-19 pandemic. Moreover, the Fund should contribute to strong job creation and to delivering better access to goods and services for India’s most vulnerable segments of society.
In addition, Aavishkaar possesses a detailed Impact Measurement Framework which outlines how impact is integrated into the investment processes and which provides a clear structure for the Fund to support portfolio companies in their own development of impact.
Contact: Simon Denoth, SIFEM Head of Public Affairs, sdenoth@obviam.ch, +41 31 310 09 38
Geoff Burns reached the maximum term, Margarita Aleksieva joins the Board
Geoff Burns reached the maximum term, Margarita Aleksieva joins the Board
