PROJECT

Projects

Summary of Investment Information

Project Number

38844

Company Name

SEEDPLUS SINGAPORE LP

Date SPI Disclosed

Nov 2, 2016

Country

East Asia and Pacific Region

Region

East Asia and the Pacific

Projected Board Date

Dec 5, 2016

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Feb 7, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Apr 4, 2017
Signed : Feb 27, 2017
Invested : Apr 10, 2017

Sector

Other Non-Private Equity Fund

Project Description

 SeedPlus Singapore L.P. (“SeedPlus”) is a Singapore based accelerator that is raising SGD 25 million to support 20 early stage companies in South East Asia and India, primarily in the ICT sector. This investment will fall under the IFC Startup Catalyst program, which supports entrepreneurs and early stage companies through investments in various seed stage structures.                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation