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AWE Funds Founding Partner - Seema Chaturvedi
Investment firm AWE Funds has announced it has raised $15 million for its first fund in India with an aim to invest in innovation-focused business in sectors such as climate and sustainability, food and agriculture, healthcare, education, and fintech.
The gender-focused investor has raised $15 million and is targeting an overall fund of $45 million with a green-shoe option of an additional $15 million.
The investment firm, which is targeting an overall fund of $45 million with a green-shoe option of an additional $15 million, said it is promoting gender equality and taking action on climate change to generate profitable returns for its investors.
The SEBI-registered fund is backed by blue-chip international and India-based institutional investors and HNI investors, including, Zia Mody (Founder, AZB & Partners), Soumya Rajan (Founder and CEO, Waterfield Advisors), Padma Chandrasekaran (ex-Bill & Melinda Gates Foundation), Divya Sampath (formerly Microsoft), Ajay Prabhu (former COO, Quest Global), Ramakishnan Raman (Founder, aXYKno Capital), Vikas Chaturvedi (Founder, Valuecent), Sunil Srivastava (CEO, Ampera Life), Simran Jindal (Executive Partner, IBM Consulting), and other notable leaders.
"The fastest growing market and an under-appreciated resource, in most countries are women. By focusing on gender equity and climate action which are very significantly and inextricably linked, AWE Funds team is uniquely positioned to identify investment opportunities that deliver superior commercial returns to our investors while unlocking serious nation building impact returns. Our investments unleash a virtuous economic value creation cycle that generates sustainable and scalable multi-generational prosperity. We are very grateful to our early investors who have supported us and invite others to join this movement," said Seema Chaturvedi, founding partner, AWE Funds.
The investment firm counts Freshokartz, Remedico, Velmeni, Agam International as its portfolio startups.
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