The Mandate

• Objective is to raise at least $100 m in capital, with US$25 m contribution from a cornerstone investor
• Remainder will be raised from institutional/sovereign LPs that can bring strategic value to the fund
• Investment mandate will be set as investments in water value chain (water supply, waste water, technology, services) with a focus on Asia and

The Fund Footprint

• Geographic focus of the fund is set in India
• Range preference of US$5 to US$15 m per investment
• Deal sourcing from internal global network, investment banks and other VC funds
  

The Investment Focus

• Water, waste water technology and services (Infrastructure, Automation, Treatment, Testing, Filtration, Desalination)
• Focus on international companies that want to setup manufacturing facility in India to access the Asian and African market
• Apart from financing the fund team and partners will provide access to management talent pool, market research, market access, industrial network, supply chain network, financial institutional relationship and governance support
  

The Investment Criteria

• International water technology companies that are seeking to enter the Asian and African market
• Companies with proven products in their existing markets
• Advanced technology based on proprietary and protected intellectual property with the potential for market expansion
• Range preference of $5 m to $15 m per investment in the subsidiary or at the holding company
• Strong management teams capable of generating revenue and positive cash flows mid-term