PROJECT

Projects

Summary of Investment Information

Project Number

33540

Company Name

INDIA BUSINESS EXCELLENCE FUND-IIA

Date SPI Disclosed

Apr 15, 2013

Country

India

Region

South Asia

Projected Board Date

May 16, 2013

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 14, 2022

Department

Equity Portfolio Management

Industry

Financial Markets

Previous Events

Approved : Jul 24, 2013
Signed : Aug 22, 2013
Invested : Nov 6, 2013

Sector

Private Equity/Venture Cap Fund - Country

Project Description

The proposed project is an investment in India Business Excellence Fund IIA (“IBEF IIA” or the “Fund”), a fund which aims to offer growth equity and strategic and operational assistance to Small and Medium Enterprises (SMEs) in India. The investment focus will be on high growth businesses and also focused on Tier II and Tier III cities in India. The Fund aims to invest in sectors which benefit from demand led by Domestic consumption and Infrastructure enablers. The Fund is second series to India Business Excellence Fund I – a 2006-07 vintage fund of US$82.5 million which is fully deployed.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation