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§ Venture Capital · Santa Clara, CA, USA
Nonprofit organization providing immigrant services for South Asian immigrants in Chicago, focused on immigration, public health, and education.
The Indo-American Center (IAC) is a Chicago-based nonprofit organization that provides comprehensive support services, including immigration assistance, public health programs, and education, primarily for South Asian immigrants and other communities in the Chicago region. Operating with an annual budget exceeding $2 million and a team of 21-50 employees, IAC has served over 45,000 clients from more than 30 nations since its inception. Its programs encompass citizenship services, adult literacy, affordable healthcare access, and workforce development, addressing critical needs within immigrant communities. Anita Puri was appointed Executive Director in August 2024, overseeing the organization's strategic initiatives and operations from its West Ridge headquarters and Des Plaines site. The Indo-American Center was founded in 1990 by a group of immigrants from various South Asian countries, including India, Pakistan, and Bangladesh.
Indo-Centers has 1 tracked investment across 1 company. The latest tracked deal is $120.0M Series B in Rice Parent Co in October 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 6, 2025 | Rice Parent Co | $120.0M Series B | Hornbill Capital, Indo Centers, Raise Financial Services | Ashish Somaiya, Ramesh Damani, Adiko Holdings, Batext, JM Financial, Mitsubishi Corporation, UFG Capital |