Investment firm, Small Enterprise Assistance Funds (SEAF), is planning to raise a $75 million fund focusing on Indian agriculture-related businesses, VCCircle reports. The fund is expected to make its first close in May at $30-35 million.
SEAF’s agriculture fund will be investing $2-6 million in firms, which may earn revenues between $6-60 million. SEAF, until now, was investing in India with Kotak Private Equity via a $160 million India Growth Fund.
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