Asha Ventures has secured a commitment of $10 Mn from the British International Investment (BII) for its maiden fund.
This brings Asha Ventures Fund-I closer to its target size of $91 Mn.
The fund aims to support high-growth and impact-focused early-to-growth stage startups in India across sectors such as financial services, healthcare, education, climate, and agriculture.
Asha Ventures has already invested in three startups: Ascend Capital, Truemeds, and AutoMony.