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Lok Capital Leads US$6.6 Million Series B Round for HR Food Processing (Asia)

India-focused impact investment firm Lok Capital has led an INR450 million (approximately US$6.6 million) Series B round for India-based dairy producer HR Food Processing. Lok invested through its third fund, Growth Catalyst Partners. South- and Southeast Asia-focused impact fund advisory firm Aavishkaar also participated in the round via Aavishkaar II. HR Food Processing plans to use the funds to expand production capacity and distribution.