ResponsAbility and Incofin Invest US$20 Million in Sohan Lal (Asia)

Source(s):VCCircle | Debjyoti Roy

Impact investment firms responsAbility Investments and Incofin Investment Management have invested US$20 million in India-based agricultural logistics services provider Sohan Lal Commodity Management (SLCM). The transaction involved a secondary sale of shares by existing investors Everstone Capital, Mayfield Advisors, Nexus Venture Partners and ICICI Investment Management. Incofin invested through its agRIF fund.