Ventureast Proactive Fund I

Equity : February 2008

VenturEast is an Indian venture capital firm based in Bangalore.

Amount

€ 3,632,000.00

Type of investment

Equity

Development impacts

Local economic growth
Access to basic services & goods

Beneficiary locations

Asia: India

Investment field

Investment Companies & Funds

Activity

SME fund

Organisation

Ventureast Proactive Fund I

Website

http://www.ventureast.net/

The VenturEast Proactive Fund will primarily focus on Indian companies that develop or use information and communication technology to become leaders in markets where the adoption of technology creates growth and productivity improvement opportunities.

Development impacts

Local economic growth
Equity and/or quasi-equity investment in fast growing Indian SMEs; Positioning on the still largely underfinanced segment of SMEs with exposure to and tier-2/3 cities and semi-urban areas.
Access to basic services & goods
Energy: the Fund focuses on opportunities that leverage information and communication technology (ICT) and other emerging technology, particularly “clean technologies”.