PROJECT

Projects

Summary of Investment Information

Project Number

32838

Company Name

INDIA 2020 FUND II LIMITED

Date SPI Disclosed

Jan 8, 2013

Country

India

Region

South Asia

Projected Board Date

Mar 15, 2013

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2024

Department

CDFPE - Disruptive Technologies and Funds/Private Equity Funds

Industry

Funds

Previous Events

Approved : Mar 15, 2013
Signed : Mar 28, 2013
Invested : Aug 9, 2013

Sector

Growth Equity Fund

Project Description

 The proposed project is an investment in India 2020 Fund II (“I2F-II or the “Fund”), a fund which aims to offer growth equity and strategic and operational assistance to Small and Medium Enterprises (SMEs) in India. I2F-II aims to invest USD 5-15 million per investment for a significant minority stake. The investment focus will be on high growth businesses with a track record of product and process innovation and which are well positioned to bring about transformation in their respective sectors/ industry. The Fund aims to invest in sectors which benefit from and promote consumer demand and purchasing power. These sectors may include, but are not limited to, healthcare and education, as well as rural consumption and agribusiness. The Fund is a successor to India 2020 Fund I – a 2008 vintage fund of $100mm with an estimated exit Gross IRR of 30% with strong development effects on job creation, gender equality and corporate governance.                                                  

Associated Advisory Engagement

               

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation