Archive · 22 Aug 2025
Aavishkaar Targets $8B Assets by 2035 with JICA Funding
Aavishkaar Group wants to become much bigger, aiming to manage up to $8 billion by 2035.
A big part of this plan involves expanding their credit fund.
They recently received $40 million from Japan's JICA.
This money will go towards helping small and medium-sized businesses (SMEs) in Asia and Africa.
These businesses are in sectors such as agriculture and manufacturing.
Aavishkaar will provide them with credit to help them grow, focusing on those that export goods and have a positive social impact.
Aavishkaar Group aims to grow assets to $7-8 billion by 2035.
Scaling its credit fund is key to achieving this growth.
JICA invested $40 million in Aavishkaar Capital's Global Supply Chain Support Fund.
The fund focuses on supporting SMEs in Asia and Africa.
The fund has invested in eight companies, including export-oriented businesses.
- Who
- Aavishkaar Group and the Japan International Cooperation Agency (JICA).
- What
- Aavishkaar Group aims to grow assets under management, with JICA investing $40 million in a fund.
- When
- The growth plan is set for 2035.
- Where
- Focusing on businesses in Asia and Africa.
- Why
- To support SMEs and foster economic growth in Asia and Africa through credit.
- Group Target Assets
- $7-8 billion by 2035
- Investor
- JICA
- Investment Amount
- $40 million
- Fund Focus
- SMEs in Asia and Africa
- Key Sectors
- Agriculture, food processing, manufacturing
- Fund Goal
- Credit provision for sustainable growth
- Current Investments
- 8 companies