PROJECT

Projects

Summary of Investment Information

Project Number

33897

Company Name

GAJA CAPITAL FUND II LIMITED

Date SPI Disclosed

Oct 28, 2013

Country

India

Region

South Asia

Projected Board Date

Dec 13, 2013

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Feb 1, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Dec 13, 2013
Signed : May 30, 2014
Invested : Feb 12, 2015

Sector

Growth Equity Fund

Project Description

 The project entails an IFC equity investment of up to $25 million in Gaja Capital II (“Gaja II” or the “Fund”), a closed-end generalist private equity fund focusing on providing growth capital to mostly unlisted mid-market companies and SMEs in India. Gaja II has a target fund size of US$250 million and seeks to invest US$15-30 million per investment in 6-10 fast growing Indian companies as equity and equity-linked securities.                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation