📋 Tender Overview
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
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$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.
