Lok Capital currently manages two funds with ~US$ 90mn in aggregate.
- The first two funds Lok Capital LLC and Sarva Capital LLC are fully invested.
- Lok has reached first close of Lok Fund III at USD 40.5 MN. Fund III has a total target corpus of around USD 100 MN and is expected to close in the next 12-18 months. The fund will be deployed in the next five years and will focus on growth stage investments in financial services, healthcare, agriculture and livelihood.
- Fund III, along with Lok Capital’s Fund I and Fund II will bring the total capital under-management to over USD 125 MN.
The funds have received investments from marquee investors.