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”.

Read impact and news about this project

Impact Story

Giving back to the community

14-04-2020

In 2008, BIO invested USD 5 M in Ventureast. Sarath Naru is its founder and managing partner.

This is his story.

Infrastructure

candi solar

4,074,650.00

India, South Africa

10/12/2021

Debt

Investment Companies & Funds

Lendable MSME Fintech Credit Fund

2,994,950.00

India, Indonesia, Vietnam, Kenya, Nigeria, South Africa

20/08/2021

Equity

Investment Companies & Funds

Incofin India Progress Fund

2,000,000.00

India

22/07/2021

Equity

Investment Companies & Funds

Incofin India Progress Fund

5,000,000.00

India

22/07/2021

Equity

Investment Companies & Funds

European Financing Partners S.A.

15,000,000.00

India, Kenya, Nigeria, Senegal, Tanzania, Zambia

22/12/2020

Debt

Financial Institutions

The Currency Exchange Fund n.v.

7,091,000.00

Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

05/09/2007

Equity