Investments
44Portfolio Exits
3Funds
8About Lok Capital
The Lok Capital Group is an initiative that delivers equity capital and capacity-building support to Indian Microfinance Institutions (MFIs). This socially responsible innovative effort facilitates the delivery of affordable financial services, primarily to low-income households in India, in a commercially viable and sustainable manner.
Lok Capital Headquarter Location
212A, 2nd Floor, JMD Pacific Square Building Near 32nd Milestone, NH 8
122001,
India
91.124.470.9700
Latest Lok Capital News
Jan 12, 2021
By SHARE Impact investor Lok Capital has booked a profitable exit from a four-year old investment in a non-banking finance company (NBFC... TO READ THE FULL STORY Exclusive reporting, expert analyses and commentary on PE/VC/M&A deals and dealmakers Daily, weekly and monthly curated newsletters on the alternative investment ecosystem in India Participation in VCCircle Marquee events at concessional rates Latest VCCEdge annual, quarterly and industry reports
Lok Capital Investments
44 Investments
Lok Capital has made 44 investments. Their latest investment was in RenewBuy as part of their Series C on June 6, 2021.
Lok Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/18/2021 | Series C | RenewBuy | $45M | No | Apis Partners, and IIFL AMC | 4 |
5/28/2020 | Private Equity - II | Suryoday Small Finance Bank | $8.21M | No | Gaja Capital Partners, Kiran Vyapar, Kotak Mahindra Bank, and TIAA | 2 |
3/20/2020 | Series E | Veritas Finance | $48.7M | No | Kedaara Capital, Norwest Venture Partners, and P Surendra Pai/ | 1 |
7/17/2019 | Unattributed VC | |||||
7/3/2019 | Series C |
Date | 6/18/2021 | 5/28/2020 | 3/20/2020 | 7/17/2019 | 7/3/2019 |
|---|---|---|---|---|---|
Round | Series C | Private Equity - II | Series E | Unattributed VC | Series C |
Company | RenewBuy | Suryoday Small Finance Bank | Veritas Finance | ||
Amount | $45M | $8.21M | $48.7M | ||
New? | No | No | No | ||
Co-Investors | Apis Partners, and IIFL AMC | Gaja Capital Partners, Kiran Vyapar, Kotak Mahindra Bank, and TIAA | Kedaara Capital, Norwest Venture Partners, and P Surendra Pai/ | ||
Sources | 4 | 2 | 1 |
Lok Capital Portfolio Exits
3 Portfolio Exits
Lok Capital has 3 portfolio exits. Their latest portfolio exit was Suryoday Small Finance Bank on March 19, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/19/2021 | IPO | 1 | |||
Date | 3/19/2021 | ||
|---|---|---|---|
Exit | IPO | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
Lok Capital Acquisitions
1 Acquisition
Lok Capital acquired 1 company. Their latest acquisition was Drishti Eye Care on June 11, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
6/11/2019 | Series C | $4M | Shareholder Liquidity | 1 |
Date | 6/11/2019 |
|---|---|
Investment Stage | Series C |
Companies | |
Valuation | |
Total Funding | $4M |
Note | Shareholder Liquidity |
Sources | 1 |
Lok Capital Fund History
8 Fund Histories
Lok Capital has 8 funds, including Lok Capital Debt Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
2/28/2018 | Lok Capital Debt Fund | 1 | |||
12/22/2017 | Lok Fund III | ||||
6/16/2016 | Lok Capital III LLC | ||||
1/25/2012 | Sarva Capital | ||||
1/24/2012 | Lok Capital II |
Closing Date | 2/28/2018 | 12/22/2017 | 6/16/2016 | 1/25/2012 | 1/24/2012 |
|---|---|---|---|---|---|
Fund | Lok Capital Debt Fund | Lok Fund III | Lok Capital III LLC | Sarva Capital | Lok Capital II |
Fund Type | |||||
Status | |||||
Amount | |||||
Sources | 1 |
Lok Capital Team
7 Team Members
Lok Capital has 7 team members, including current Executive Vice President, Vijay C. Advani.
Name | Work History | Title | Status |
|---|---|---|---|
Vishal Mehta | Capital One, and Nokia | Founder | Current |
Vishal Mehta | Founder | Current | |
Donald Macinnes Peck | Founder | Current | |
Vijay C. Advani | Executive Vice President | Current | |
Venky Natarajan | Managing Director | Current |
Name | Vishal Mehta | Vishal Mehta | Donald Macinnes Peck | Vijay C. Advani | Venky Natarajan |
|---|---|---|---|---|---|
Work History | Capital One, and Nokia | ||||
Title | Founder | Founder | Founder | Executive Vice President | Managing Director |
Status | Current | Current | Current | Current | Current |