Aavishkaar’s next big move: a global fund
$232 million. That’s the figure on Vineet Rai’s mind these days. The founder and managing director of Aavishkaar, a Mumbai-based social venture capital firm that invests primarily in companies that address rural India’s unique needs, wants to achieve a combined corpus (funds under management) of the abovementioned figure. Why? Once it scales up to that size, Aavishkaar will become the…