📋 Tender Overview
Project Number
50726
Company Name
A91 Partners GIFT Trust III
Date SPI Disclosed
Mar 13, 2025
Country
India
Region
South Asia
Projected Board Date
Apr 15, 2025
Environmental Category
FI-2
Status
Pending Approval
Last Updated Date
Department
Disruptive Tech, Service & Funds
Industry
Funds
Sector
Growth Equity Fund
Project Description
IFC proposes an equity investment of up to US$35 million and an additional co-investment envelope of up to US$30 million under delegated authority, in A91 Partners GIFT Trust III (Fund III or the Fund), a private equity (PE) fund focused on providing growth capital to small to mid-market companies in India across (i) consumer; (ii) financial services; (iii) healthcare; (iv) manufacturing; and (v) technology, and together with A91 Partners Trust III (Domestic Fund) is targeting US$675 million in total commitments. The Fund is expected to size its average ticket per company in the range of US$10-50 million in 15 companies.
