PROJECT

Projects

Summary of Investment Information

Project Number

51127

Company Name

Ascertis GC (IFSC) Pvt Ltd

Date SPI Disclosed

Feb 4, 2026

Country

India

Region

South Asia

Projected Board Date

Mar 6, 2026

Environmental Category

FI-2 - Limited

Status

Pending Signing

Last Updated Date

Mar 29, 2026

Department

Regional Industry - FIG Asia & Pac

Industry

Funds

Sector

Other Non-Private Equity Fund

Project Description

IFC proposes an equity investment of up to US$50 million in Ascertis Credit GC Fund IV (“Fund IV” or the “Fund”), which is a private credit fund managed by Ascertis GC (IFSC) Private Limited (“Investment Manager”). The Fund will directly or indirectly invest primarily in senior debt instruments of mid-market corporates predominantly in India and opportunistically in Singapore-Southeast Asia. The Fund will indirectly invest via Ascertis Credit India Fund IV – Scheme F, a Securities and Exchange Board of India (“SEBI”) registered Category II Fund (“India Fund”) and a variable capital company based out of Singapore.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation