Industry

Lok Capital raises $41 mn in third fund

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Lok Capital, an India-focussed impact investment fund, announced the closure of its third fund at $40.5 million.

This, along with Lok Capital’s first and second fund, will bring the total capital under management to over $125 million. Existing limited partners or investors — CDC Group Plc, the U.K. Government’s development finance institution, Netherlands Development Finance Company and French development financial institution, Proparco took part in the third round.

The third fund has a total target corpus of about around $100 million.



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Printable version | Jan 28, 2020 10:37:47 PM | https://www.thehindu.com/business/Industry/Lok-Capital-raises-41-mn-in-third-fund/article14426004.ece

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