Aavishkaar Frontier Fund invests in companies in Bangladesh, Pakistan, Sri Lanka and Indonesia, which have an inclusive economic model and whose activities have a positive impact on low-income populations.
Client presentation
The Aavishkaar Frontier Fund (AFF) is a seed capital and venture capital fund which aims to invest in small local entrepreneurs in rural and semi-urban areas in Asia and Southeast Asia. It is the 5th fund launched by the management company Aavishkaar, which manages four other investment vehicles for impact investing in India. It was set up in 2001 by Vineet Rai and with over USD 150m under management today, Aavishkaar has played a key role in structuring the impact investing segment in India.
Project description
The Aavishkaar Frontier Fund (AFF) will target projects in the fields of agro-industry, renewable energies, education, health, water and sanitation, and, to a lesser extent, in the field of technologies. The companies eligible for financing will need to demonstrate that they have an inclusive economic model which generates significant positive impacts for low-income populations. AFF is Aavishkaar’s first regional initiative and includes four countries in its investment strategy: Bangladesh, Pakistan, Sri Lanka and Indonesia.
Project impact
This operation will have a major impact on employment (1,100 jobs are expected to be created over the next 5 years) and significant social effects due to a strategy that targets entrepreneurial initiatives in rural areas whose beneficiaries are disadvantaged. It will also contribute to the development of the local economic base by supporting first-time entrepreneurs during the “upstream” phases of start-ups.
This information is given at the time of signature, without prejudice to any developments in the operation/project
06/03/2015
Date of signature of the project
Sectors
Location
Financing tool
5 362 410
Euros
Amount of funding
Equity investment of USD 6m
AAVISHKAAR FRONTIER FUND
PZZ1250
CES
PRO_Projet_Aavishkaar
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on the same region
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on the same topic
Multi-sectorsRenewable energies and energy efficiencyHSBC Real Economy Green Investment Opportunity
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on the same financial tool
