Investments
44Portfolio Exits
5Funds
8About Lok Capital
The Lok Capital Group offers equity capital and capacity-building support to Indian Microfinance Institutions (MFIs). It focuses on investments in finance, health, climate, agriculture, food, and beverages sectors. The company was founded in 2002 and is based in Chennai, India.
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Latest Lok Capital News
Jan 13, 2023
Impact investment firm Lok Capital, which has raised three funds over the last two decades, has made the first close of its fourth fund, four years after first initiating the move. Lok Capital had floated its fourth investment vehicle in late 2018, aiming to almost double its assets under management […] To read the rest of this article, you must be a subscriber. Click here to buy a subscription plan or Login here if you are already a subscriber. The post Impact investor Lok Capital marks first close of new fund; LPs sign bigger cheques appeared first on The Capital Quest.
Lok Capital Investments
44 Investments
Lok Capital has made 44 investments. Their latest investment was in Aquaconnect as part of their Convertible Note - II on December 12, 2022.
Lok Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
12/19/2022 | Convertible Note - II | Aquaconnect | $8.41M | No | 1 | |
12/19/2022 | Series A | Aquaconnect | $6.59M | Yes | Flourish Ventures, Hatch, Lok Capital, Louis Dreyfus Company, Omnivore, Rebright Partners, Suneight Investment, and Undisclosed Investors | 5 |
6/18/2021 | Series C | RenewBuy | $45M | No | 14 | |
5/28/2020 | Private Equity - II | |||||
3/20/2020 | Series E |
Date | 12/19/2022 | 12/19/2022 | 6/18/2021 | 5/28/2020 | 3/20/2020 |
|---|---|---|---|---|---|
Round | Convertible Note - II | Series A | Series C | Private Equity - II | Series E |
Company | Aquaconnect | Aquaconnect | RenewBuy | ||
Amount | $8.41M | $6.59M | $45M | ||
New? | No | Yes | No | ||
Co-Investors | Flourish Ventures, Hatch, Lok Capital, Louis Dreyfus Company, Omnivore, Rebright Partners, Suneight Investment, and Undisclosed Investors | ||||
Sources | 1 | 5 | 14 |
Lok Capital Portfolio Exits
5 Portfolio Exits
Lok Capital has 5 portfolio exits. Their latest portfolio exit was Vistaar Finance on October 10, 2022.
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 |
|---|---|---|---|---|---|
10/10/2022 | Acq - Fin | 2 | |||
Date | 10/10/2022 | ||||
|---|---|---|---|---|---|
Exit | Acq - Fin | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
Lok Capital Fund History
8 Fund Histories
Lok Capital has 8 funds, including Lok Capital IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/11/2023 | Lok Capital IV | $90M | 2 | ||
2/28/2018 | Lok Capital Debt Fund | ||||
12/22/2017 | Lok Fund III | ||||
6/16/2016 | Lok Capital III LLC | ||||
1/25/2012 | Sarva Capital |
Closing Date | 1/11/2023 | 2/28/2018 | 12/22/2017 | 6/16/2016 | 1/25/2012 |
|---|---|---|---|---|---|
Fund | Lok Capital IV | Lok Capital Debt Fund | Lok Fund III | Lok Capital III LLC | Sarva Capital |
Fund Type | |||||
Status | |||||
Amount | $90M | ||||
Sources | 2 |
Lok Capital Team
6 Team Members
Lok Capital has 6 team members, including current Founder, Managing Director, Vishal Mehta.
Name | Work History | Title | Status |
|---|---|---|---|
Vishal Mehta | Capital One, and Nokia | Founder, Managing Director | Current |
Name | Vishal Mehta | ||||
|---|---|---|---|---|---|
Work History | Capital One, and Nokia | ||||
Title | Founder, Managing Director | ||||
Status | Current |
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