Lok Capital and Aspada Investment Advisors Invest in Siddhivinayak Agri Processing (Asia)

Source: VCCircle  |  Author(s): Debjyoti Roy

Venture capital firm Lok Capital has led a Series B financing round for India-based agriculture processing and distribution company Siddhivinayak Agri Processing (SV Agri). Existing investor Aspada Investment Advisors, an investment firm focused on small- and medium-sized enterprises in India, also participated in the round. SV Agri plans to use the capital to expand its procurement operations and scale up the production of its own brand of potato seeds. Financial details of the transaction were not disclosed.