PROJECT

Projects

Summary of Investment Information

Project Number

47243

Company Name

Invesdian Pte. Ltd

Date SPI Disclosed

Nov 24, 2025

Country

India

Region

South Asia

Projected Board Date

Jan 15, 2026

Environmental Category

B - Limited

Status

Hold

Last Updated Date

Apr 23, 2026

Department

Regional Industry - MAS Asia & Pac

Industry

other

Sector

Housing - For Lease [Project only]

Project Description

The proposed project entails an IFC equity and debt investment of up to US$18.75 million (approximately INR 1,650 million) each, aggregating to up to US$37.5 million (approximately INR 3.33 billion), in Invesdian Pte. Ltd., a newly established student housing platform (the Platform or the Company) to be managed by SPIRE Investment Manager Pte. Ltd. (SPIRE) (https://spireim.com/). Roche Holdings Ltd., Mauritius, wholly owned by Mr. Shapoor Pallonji Mistry will serve as the Sponsor of the Platform. The Platform is focused on the development, ownership, and operation of a portfolio of purpose-built student accommodation (PBSA) projects catering to students of higher education institutions (HEIs) in India.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation