Ranchi based HR Foods, Pondicherry based CAOS Apparels, Mera Doctor in Mumbai and Nalanda Learning Systems in Kolkata have raised a total of Rs 30 cr from impact investor Aavishkaar Venture Management, according to a new report.
Aavishkaar invested Rs 15 cr in HR Foods, Rs 6 cr in CAOS Apparels and co-invested Rs 6.2 cr with Accion in Mera Dooctor and Rs 4 cr in Nalanda Learning Systems. (via)
The impact investor is one of India’s oldest social venture capital firm. The fund has also started diversifying into neighboring countries like Indonesia, Srilanka, Myanmar, Bangladesh and Pakistan.