Ventureast Proactive Fund I
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
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.
View more of our investments in this region
Investment Companies & Funds
Omnivore Agritech & Climate Sustainability Fund III
5,000,000.00
India
15/02/2023
Equity
Investment Companies & Funds
European Financing Partners S.A.
20,000,000.00
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
21/12/2022
Debt
Investment Companies & Funds
Lendable MSME Fintech Credit Fund
4,000,000.00
India, Indonesia, Philippines, Vietnam, Ghana, Kenya, Nigeria, South Africa
24/08/2022
Equity
