Lok Capital
Lok Capital Group is a private equity and venture capital arm of Lok Foundation specializing in growth, seed, startup, early venture, emerging growth, mezzanine, bottom-of-pyramid customer segment investments in the Fintech sector. The firm seeks to facilitate affordable financial services to low income households. It invests in microfinance companies, small business finance, commercial vehicles finance, credit agencies, insurance, financial services, healthcare, energy which includes solar and bio-mass, renewable energy such as solar space and more as a B2C (business-to-consumer) type of product, agriculture sectors with a focus on businesses that create value for small and marginal farmers, farm, public health, education, employment, water, sanitation, and retail, and on businesses that create a social impact in the areas of financial inclusion, education, healthcare, and livelihoods. It prefers to invest in companies which have not received the small finance bank (SFB) license. It focuses on investments in India, Minneapolis Area, and Saint Louis Area. It seeks to invest between $1 million and $7 million. Lok Capital Group was founded in 2002 is based in Haryana, India with additional offices in Mauritius; Chennai, India; and Mumbai, India.