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March 2024 CA > Avaana Sustainability Fund (ASF) > Flashcards

Avaana Sustainability Fund (ASF) Flashcards

1
Q

Is this a global initiative ?

A

Nooo.. it is a fund setup by SIDBI

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2
Q

Why is it in news ?

A

Green Climate Fund (GCF) is giving funds to this initiative

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3
Q

What is the idea of this Avaana Sustainability Fund ?

A

It is a venture capital fund that aims to invest in early stage climate technology companies in India

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4
Q

Any other place SIDBI has contributed ?

A

Yes..

1) In Bihar Startup Scaleup Financing fund

2) Odisha Startup Growth fund

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March 2024 CA (418 decks)

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