Beyond Capital Ventures announces final fund close
Beyond Capital Ventures announced the final closing of its emerging markets venture capital fund, which invests in early-stage companies in India and East Africa in “need-to-have” sectors such as healthcare, climate adaptation, and fintech.
Eva Yazhari, general partner, and her team earned support from over 70 limited partners after completing 500 fundraising calls – representing a 14% average hit rate. The fund’s limited partners include fund of funds, registered investment advisors, family offices, and foundations. Most recently, the team announced a strategic partnership with Shah Capital, a Bay Area-based family office which invested $1 million into the fund. Beyond Capital Ventures also attracted high-net-worth individual investors, including CEOs, exited entrepreneurs, partners at venture funds, and managing partners of law firms and investment banks, among others.
“By closing Beyond Capital Ventures, our team truly beat the odds. We know that only 2-3% of capital flows to women fund managers in private equity,” said Yazhari. “We will deploy our capital into 18-20 companies that are future industry leaders in India and East Africa.”
Beyond Capital’s portfolio currently consists of seven early-stage companies, including: CarePoint, a healthcare asset acquirer and operator; Frontier Markets, a last-mile distribution platform providing rural households with essential products; Kasha, a centralised digital platform for women’s health and personal care products in Africa; Lal10, an online wholesale marketplace for Indian artisans and small business owners; Viebeg Medical, a data-driven healthcare logistics platform; XENO, a goal-based investment platform helping millions in Africa develop personal investment strategies; and FreshR, a B2B agritech platform to organise the fish and meat industry in India.