The corporate-backed firm is launching a fund called Bharat in order to expand its focus from clean energy to sectors like healthcare and agribusiness.
Infuse Ventures, the India-based venture capital firm co-founded by oil and gas firm BP, is looking to raise Rs 10bn ($150m) for a new fund called Bharat, DealStreetAsia reported today.
Bharat will look to invest in startups developing technology in the agriculture, healthcare, cleantech and small businesses technology sectors, according to Shyam Menon, an investment director at Infuse.
Infuse was founded in 2013 as a sustainability and clean energy-focused firm with Rs 1.25bn of capital, and has so far invested…
