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Hero Enterprise invests Rs 100 crore in Aavishkaar fund

Hero Enterprise invests Rs 100 crore in Aavishkaar fund

Thursday, April 20, 2017, 5:11 PM

Sunil Kant Munjal, chairman of Hero Enterprises, has invested Rs 100 crore in impact investment firm Aavishkaar's new fund, Aavishkaar Bharat Fund. The investment, which has been made in Munjal's personal capacity, is part of the Rs 2,000 crore corpus that the social venture capital firm is targeting for its new investment vehicle. The Bharat Fund, Aavishkaar’s sixth fund, is a SEBI-registered Category-II Alternative Investment Fund.
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