Aavishkaar Venture Management Services

Aavishkaar Venture Management Services is a venture capital firm specializing in early stage and expansion capital. It does not finance the development of a prototype or idea and does not invest in projects that do not benefit the rural or semi-urban community or are not commercially viable. The firm invests across seven sectors including agriculture and dairy, education, energy, handicrafts, water and sanitation, microfinance, agribusiness, healthcare, and technology. It prefers to invest in micro and small enterprises that increase income in or provide necessary goods and services to rural or semi-urban India with a focus on West Bengal, Bihar, and Uttar Pradesh. In Indonesia, it prefers to invest in education, health, energy, agriculture, poultry, and dairy with ticket size between $0.05 million and $5 million. The firm considers investments in bottom-of-the-pyramid (BoP) space. It typically invests between $0.47 million and $7.98 million in its portfolio companies. The firm’s primary financing instrument is common equity, but can also consider limited debt financing. It can consider co-investing with other investors and seeks to take a board seat in its portfolio companies. Aavishkaar Venture Management Services was co-founded on May 22, 2002 and is based in Mumbai, India with additional offices in Singapore, Singapore and San Francisco, California.