Sunil Kant Munjal, Hero Enterprise Chairman has committed an investment of Rs 100 crore in a new fund of social venture capital firm Aavishkaar (Aavishkaar Bharat Fund).

Sunil Munjal has said in a statement that “At this stage in India’s evolution, it is clear that for the entire country to develop, rural areas and underprivileged citizens must become part of the economic miracle, not through charity, but through real opportunities.”

The funds that targets a corpus of Rs 2,000 crore will be investing in businesses that deal in under served population in sectors such as agriculture, financial services, healthcare, waste and sanitation, renewable energy and logistics and supply chain.

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