Aavishkaar Venture Capital
Aavishkaar Capital is an India-based impact venture capital firm managing ~$500M across eight funds, providing $5M-$25M equity and structured credit to early-growth enterprises in financial inclusion, agriculture, essential services, and deep tech across India, Emerging Asia, and Sub-Saharan Africa.
- Company typePrivate
- Founded2001
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Aavishkaar Venture Capital does
Aavishkaar Capital is an India-headquartered impact-focused venture capital and private equity firm founded in 2001, operating as the investment arm of Aavishkaar Group. With offices in Mumbai, New Delhi, and Nairobi, the firm manages approximately $500 million in assets under management across eight fund vehicles — seven equity funds and one structured credit fund — and has executed roughly 188 investments across nearly 90 portfolio companies spanning India, Emerging Asia (Bangladesh, Sri Lanka, Indonesia), and Sub-Saharan Africa (Kenya, Nigeria, Madagascar, Tanzania, Côte d'Ivoire, Burkina Faso, Mozambique). The firm underwrites ticket sizes of $5 million to $25 million into early-growth stage enterprises and targets fund-level IRRs of 15-20%.
Aavishkaar Venture Capital firmographics
Firmographics- Name
- Aavishkaar Venture Capital
- Legal name
- Aavishkaar Inc.
- Website
- https://aavishkaarcapital.in
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Aavishkaar Capital is an India-based impact venture capital firm managing ~$500M across eight funds, providing $5M-$25M equity and structured credit to early-growth enterprises in financial inclusion, agriculture, essential services, and deep tech across India, Emerging Asia, and Sub-Saharan Africa.
- Ownership category
- akta.pro rank
Aavishkaar Venture Capital industry classification
Industry- Product category
- Venture Capital / Impact Investing
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)
- SIC
- Investors, Nec (6799), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Multi-Sector / Generalist Growth Equity (FSANACAO)
Keywords
Where Aavishkaar Venture Capital is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Aavishkaar Venture Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Equity Fund Management: Management fees on AUM across 8 funds (7 equity funds + 1 credit fund), with typical AIF fund expecting 15-20% fund-level IRR. Carried interest from successful portfolio exits.
- Structured Credit Fund Management: Global Supply Chain Support Fund (USD 250 Million) extends structured credit to businesses across Global South, generating management fees and interest income.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Target fund-level IRR of 15-20% for early-to-growth stage impact fund |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels9 records
Aavishkaar Venture Capital product offering
Product offeringCore offering
Aavishkaar Capital is an impact-focused venture capital firm that invests in early-stage and growth-stage enterprises across emerging markets, primarily India, Emerging Asia, and Sub-Saharan Africa. It manages eight funds (seven equity and one structured credit — the Global Supply Chain Support Fund) and is preparing a next-generation equity fund (Fund VII) for 2026, alongside a co-partnership stake in Jamwant Ventures Fund 2.
Product overview
Aavishkaar Capital operates as an impact-focused venture capital and investment firm offering two primary product lines: (1) Equity investments through seven funds managing approximately $500 million AUM, investing $5-25 million tickets in early-growth stage companies across Financial Inclusion, Sustainable Agriculture, and Essential Services; and (2) Structured Credit through the Global Supply Chain Support Fund (USD 250 million), a partnership with KFW and JICA targeting resilient enterprises in global supply chains across Asia and Africa. The firm also manages the OneAavishkaar platform for emerging fund managers, offers an ESG Scoring Tool for portfolio measurement, and is launching Fund VII (Next Gen Fund targeting INR 2,000 crore for deep-tech) in 2026, alongside the Jamwant Ventures Fund 2 co-partnership for defence and deep-tech startups.
Differentiator
Problem solved
Functional benefit
Brands
- Global Supply Chain Support Fund: A USD 250 million structured credit fund in partnership with KFW that caters to capital needs of businesses across the Global South.
- OneAavishkaar
- Jamwant Ventures Fund 2
Products and services
- Aavishkaar Equity Fund Series (7 active equity funds) Seven active equity funds that provide venture capital and growth equity to early-stage and growth-stage enterprises in India, Emerging Asia, and Sub-Saharan Africa. Targeted at founders and management teams of impact-aligned businesses across financial inclusion, agriculture, healthcare, climate, and other under-served sectors.
- Global Supply Chain Support Fund (GSCSF) A structured credit fund that provides supply-chain and working-capital financing to enterprises in Aavishkaar's target markets, addressing financing gaps that traditional equity capital cannot solve. Targeted at investee companies and their value-chain partners in emerging markets.
- Aavishkaar Next Gen Fund (Fund VII) The firm's next-generation equity fund (Fund VII), planned for 2026, to continue providing venture and growth capital to early-stage and growth-stage enterprises across emerging markets. Targeted at institutional LPs seeking emerging-markets impact exposure.
- Jamwant Ventures Fund 2 Jamwant Ventures Fund 2 is a co-partnership fund vehicle in which Aavishkaar holds a stake, extending the firm's investment reach through a partner-managed structure. Targeted at LPs and founders of enterprises aligned with the co-partnership fund's mandate.
Quantifiable outcome
- 136 Million lives impacted through portfolio companies (52% women)
- +5 more outcomes
Companies that use Aavishkaar Venture Capital
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles2 records
Aavishkaar Venture Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Aavishkaar Venture Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Jamwant VenturesflagshipIndia's first Veteran-led defence and deep tech fund partnership under 'OneAavishkaar' platform. Target corpus of INR 500 Crore for defence and deep tech startups. Jamwant brings domain expertise in defence sector with operational experience from Indian Navy veterans.
Scale indicators18 records
Recent moves8 records
Expansion highlights5 records
Aavishkaar Venture Capital competitors and assessment
Company assessmentDirect peers
- Lok Capital: India-focused impact PE/VC firm investing in financial inclusion and essential services; closely comparable by geography, sector focus, ticket size, and DFI-backed LP base.
- Elevar Equity: Early- to growth-stage impact investor in India targeting financial inclusion, agri and essential services; highly comparable investment thesis, ticket range, and LP profile to Aavishkaar.
- Ankur Capital: India early-stage impact VC backing agritech, healthtech and fintech for underserved markets; comparable on geography, sector focus, and seed-to-Series A orientation.
- Aspada Investment Advisors: India/SE Asia-focused early-growth investor backing financial services, agriculture and healthcare for low-income consumers; highly comparable thesis and stage orientation.
Broad incumbents
- LeapFrog Investments: Global emerging-markets PE firm specialising in financial services and healthcare for underserved consumers; addresses the same bottom-of-pyramid opportunity Aavishkaar targets, with broader geography and larger ticket sizes.
- Acumen: Global impact investment pioneer backing early-stage companies serving low-income customers; overlaps with Aavishkaar in financial inclusion, agriculture and energy verticals across emerging markets.
- Omidyar Network India: India/SE Asia impact investment firm of the Omidyar Group funding early-stage start-ups in financial inclusion, education and digital identity; comparable on impact thesis and Indian focus.
- Triodos Investment Management: European impact investment manager running multiple emerging-markets equity and credit funds including financial inclusion themes; comparable on impact mandate, fund-of-funds-style structure, and DFI co-investment profile.
- responsAbility Investments: Swiss impact asset manager investing across emerging-market financial inclusion, climate and food sectors via debt and equity; overlaps with Aavishkaar's structured credit and impact equity strategies.
- BlueOrchard Finance: Global impact investment manager (now part of Schroders) running emerging-market debt and equity strategies focused on financial inclusion; comparable on credit fund management and DFI-backed structures.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Aavishkaar Venture Capital social profiles
Digital presenceAavishkaar Venture Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aavishkaar Venture Capital leadership team
Management profileNumber of profiles
Aavishkaar Venture Capital funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aavishkaar Venture Capital M&A and investment
M&A and investmentM&A
Investments103 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aavishkaar Venture Capital
What does Aavishkaar Venture Capital do?
Aavishkaar Capital is an impact-focused venture capital firm that invests in early-stage and growth-stage enterprises across emerging markets, primarily India, Emerging Asia, and Sub-Saharan Africa. It manages eight funds (seven equity and one structured credit — the Global Supply Chain Support Fund) and is preparing a next-generation equity fund (Fund VII) for 2026, alongside a co-partnership stake in Jamwant Ventures Fund 2.
Is Aavishkaar Venture Capital a public or private company?
Aavishkaar Venture Capital is a private company. It is classified as unknown and is currently operating.
When was Aavishkaar Venture Capital founded?
Aavishkaar Venture Capital was founded in 2001. It employs 11 to 50 people.
Where is Aavishkaar Venture Capital based?
Aavishkaar Venture Capital is headquartered in Mumbai, India, in the Asia region.
How does Aavishkaar Venture Capital make money?
Two revenue lines are on record. Equity Fund Management is the primary driver. The others are structured Credit Fund Management.
Who are Aavishkaar Venture Capital's main competitors?
Direct peers on record are Lok Capital, Elevar Equity, Ankur Capital and Aspada Investment Advisors. Broad incumbents are LeapFrog Investments, Acumen, Omidyar Network India, Triodos Investment Management, responsAbility Investments and BlueOrchard Finance.
Does Aavishkaar Venture Capital have an API?
No public API is recorded for Aavishkaar Venture Capital.
What industry is Aavishkaar Venture Capital in?
Aavishkaar Venture Capital's product category is Venture Capital / Impact Investing. Its primary akta.pro industry code is FSANACAO, Multi-Sector / Generalist Growth Equity. Its NAICS code is 523940 and its SIC code is 6799.