Omnivore Partners India Fund II Reaches US$46 Million First Close (Asia)

Source(s): VCCircle | Author(s): Joseph Rai

India-focused venture capital fund manager Omnivore Partners has reached a first close for Omnivore Partners India Fund II with US$46 million in capital commitments. Investors in the fund include development finance institutions KfW, the Dutch Good Growth Fund and Small Industries Development Bank of India (SIDBI), the Rockefeller Foundation, the Sorenson Impact Foundation, investment firm Ceniarth and India-based RBL Bank. Omnivore invests in startups developing technologies for food, agriculture and the rural economy. The fund is targeting US$75 million in total commitments.