Ag Technology Among Focus Areas For Kohli Impact Investment Initiative

Ag Technology Among Focus Areas For Kohli Impact Investment Initiative

Tej Kohli, a serial entrepreneur, global businessman and philanthropist, has announced he has earmarked an initial $25 million USD, through his family office, Kohli Ventures, for a high impact investment fund. The Kohli Impact Investment Initiative will be used to invest in innovative ideas and disruptive technologies that have the potential to benefit the world socially and environmentally, focusing across areas including Artificial Intelligence and robotics, FinTech, genomics, ag tech and renewables.

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Fund investments will be made in early and growth stage businesses, primarily in the technology, renewable energy, property, ag tech and medical innovations sectors, for which Tej Kohli is a significant investor.

An impact investment is made with the intention of generating social and environmental impact while still realizing a financial return. By employing this approach the Initiative is able to reinvest profits into further impactful businesses, thus creating a globally beneficial investment cycle. The approach is also closely aligned with the Kohli’s ethos of creating a better world for future generations, and driving innovation that will improve lives across the globe.

This development comes following Kohli Ventures’ successful investment in Zynergy Solar, an Indian company focused on rural-centric off-grid solar products such as solar powered pumps for irrigation systems. Zynergy manufactures Cells, PV Modules, Inverters (Power Control Units) and other solar-based applications, supporting the Indian Government’s solar energy initiatives and helping to change the daily lives of many thousands of families living in India’s rural communities.

Jim Rai, Principle Advisor for the Kohli Impact Investment Initiative said: “We believe in the importance of making investments that have a significant social and environment impact, and are delighted to be launching this new initiative in order to focus our efforts in this space. We have been encouraged by the continued success of Zynergy and look forward to seeking out and working with innovative and game changing businesses, using our experience and expertise to help them develop and scale their businesses.”

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