PROJECT

Projects

Summary of Investment Information

Project Number

50725

Company Name

India Business Excellence Fund V G

Date SPI Disclosed

Jan 27, 2025

Country

India

Region

South Asia

Projected Board Date

Feb 27, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jul 23, 2025

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Apr 16, 2025
Signed : Jun 16, 2025
Invested : Jul 21, 2025

Sector

Growth Equity Fund

Project Description

 IFC proposes an equity investment of up to US$60 million and an additional co-investment envelope of up to US$60 million under the delegated authority framework, in India Business Excellence Fund V G (IBEF V or the Fund), a private equity (PE) fund focused on providing growth capital to mid-market companies in India across (i) consumer; (ii) financial services; (iii) life sciences; and (iv) manufacturing, and together with India Business Excellence Fund V (Master Fund) is targeting US$750 million in total commitments. The Fund is expected to size its average ticket per company in the range of US$60 million in 12-16 companies.                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation