India's Asha Ventures raises half of $100m climate fund in first close

India's Asha Ventures raises half of $100m climate fund in first close

Amit Mehta, managing partner, Asha Ventures

Homegrown climate-and impact-focused venture capitalist Asha Ventures on Thursday said it has raised $50 million as the first close of its new $100-million fund to invest in 4-5 Indian companies every year.

Edited by: Joymitra Rai