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SEBI APPROVES THE FIRST SOCIAL VENTURE FUND

Incube Connect Fund (Incube) has received the distinction of being the first social venture fund in the country being accorded registration by SEBI under SEBI (AIF), Regulations, 2012.

Incube a 9 year Rs. 200 cr sector agnostic fund will primarily be focused on four sectors; Healthcare Delivery-Product & Services, Vocational Education and Skill Enhancement, Clean Energy & Eco business and Sustainable Rural Business Innovations. Incube has already developed a healthy deals pipeline and is looking to invest in the projects in these four sectors. Some of the projects that Incube is looking closely at include a geothermal project, a project for evolving healthcare delivery ecosystem in one of the most backward district, a project for fractionation of blood plasma and differentiated financial model for affordable housing for the vulnerable section of the society.

       

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