PROJECT

Projects

Summary of Investment Information

Project Number

51617

Company Name

SOUTH ASIA GROWTH FUND IV, LP

Date SPI Disclosed

Feb 13, 2026

Country

India

Region

South Asia

Projected Board Date

Mar 19, 2026

Environmental Category

FI-2 - Limited

Status

Pending Signing

Last Updated Date

Jul 10, 2026

Department

Equity Portfolio Management

Industry

Funds

Sector

Growth Equity Fund

Project Description

 IFC proposes an equity investment of up to US$75 million and an additional co-investment envelope of up to US$50 million under the delegated authority framework in South Asia Growth Fund IV, L.P. (Fund IV or the Fund), a mid-market private equity (PE) fund focused on providing growth capital to companies across climate solution themes in India and opportunistically in Southeast Asia. Target sectors include: (i) circular economy; (ii) energy transition; (iii) industrial decarbonization; (iv) food and agriculture; (v) wastewater; (vi) water; (vii) clean transportation & smart cities; and (viii) green building solutions. The Fund is expected to size its average ticket per company in the range of US$30-60 million in 9-12 companies.                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation