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Ventureast Proactive Fund II

Equity : November 2017

VenturEast II is an India only focused VC / early stage fund.

Amount

€ 4,300,000.00

Type of investment

Equity

Development impacts

  • Local economic growth
  • Access to basic services & goods
  • Promotion of ESG best practices

Beneficiary locations

Asia: India

Investment field

Investment Companies & Funds

Activity

SME fund

Organisation

Ventureast Proactive Fund II

Domicile

Mauritius

The Ventureast Proactive Fund II seeks to invest in seed and early-stage businesses addressing the needs of India’s under-served markets where technology is a strong differentiator. The fund expects these opportunities to emerge in fintech, entreprise applications, cloud, mobile internet, Internet of Things and consumer internet.

VenturEast II is the successor fund of VenturEast Proactive Fund I, which closed in 2008 at $108 million.

Development impacts

  • Local economic growth

    The fund will invest in technologic SMEs in India. It focuses on reaching customers in underserved markets, primarily in rural and semi-urban areas. It also aims at delivering real-world benefits via modern technology to its end users. India specific problems need solutions deep rooted in innovative technologies that can scale, in their reach as well as impact

  • Access to basic services & goods

    The Fund focuses on investees that are part of the mobile revolution. Investees look at the needs of the lower to middle class and how their (technological) activities can improve B2B and B2C.

  • Promotion of ESG best practices

    The Fund will introduce / enhance social practices both at the investee level and fund level (compliance min. wage, child labour = IFC PS)

View more of our investments in this region

Alterfin

Financial Institutions

Alterfin

 350,000.00

  25/03/2025

  Subsidy

Mutual Trust Bank

Financial Institutions

Mutual Trust Bank

 25,167.00

  Bangladesh

  27/02/2025

  Subsidy

Navis Asia Credit Fund LP

Investment Companies & Funds

Navis Asia Credit Fund LP

15,000,000.00

  Indonesia, Philippines, Vietnam

  04/12/2024

  Equity

Navis Asia Credit Fund LP

Investment Companies & Funds

Navis Asia Credit Fund LP

5,000,000.00

  Indonesia, Philippines, Vietnam

  04/12/2024

  Equity

Geuther Vietnam

Enterprises

Geuther Vietnam

12,280.00

  Vietnam

  03/09/2024

  Subsidy

MAA General Assurance Phils Incl

Financial Institutions

MAA General Assurance Phils Incl

56,000.00

  Philippines

  22/08/2024

  Subsidy

candi solar

Infrastructure

candi solar

9,000,000.00

  South Africa, India

  31/07/2024

  Debt

EVN Finance Joint Stock Company

Financial Institutions

EVN Finance Joint Stock Company

 16,690.00

  Vietnam

  25/07/2024

  Subsidy

SANASA Development Bank

Financial Institutions

SANASA Development Bank

 201,930.00

  Sri Lanka

  15/07/2024

  Subsidy