JICA invests $40 mn in Aavishkaar Capital fund to boost SMEs in Asia, Africa : Hindu Business Line, India

The GSC Support Fund is the 8th Fund of Aavishkaar Capital that aims to invest in emerging corporates across the global south, driving them toward global success through bespoke non-dilutive capital solutions

The Japan International Cooperation Agency (JICA) on Friday announced a $40 million investment in Aavishkaar Capital’s ‘Global Supply Chain Support Fund’ to support enterprises across Asia and Africa.

By investing in the Global Supply Chain Support Fund, JICA will help Aavishkaar Capital expand into the emerging markets of Africa and Asia, after India, thereby contributing to the development of the wider Indian Ocean region and the global supply chain, Avishkaar said.

Read full story – click here