Aavishkaar Group and Jamwant Ventures have launched a Rs 500-crore fund to invest in defence and deep-tech startups, targeting 15-25 companies at seed and Series A stages
Aavishkaar Venture Management, a venture capital firm focused on the bottom-of-the-pyramid segment of rural India, has invested $2 million in Bangladesh-based payment solutions provider CloudWell Ltd. This is the VC firm's first investment in Bangladesh and the third from its South and Southeast Asia-focused investment vehicle Aavishkaar Frontier Fund.