Asha Ventures has secured $10 million in funding from British International Investment (BII) to boost its impact-focused investments.
The funding brings Asha Ventures' debut fund, Asha Ventures Fund I, closer to its $91 million target.
Asha Ventures invests in mass-market businesses operating at the intersection of social impact and commercial viability, focusing on high-growth, impact-driven Indian businesses.
The company aims to meet gender inclusion benchmarks, with at least 30% of its portfolio dedicated to businesses that promote gender inclusion.