CDC’s investment in Pravega underlines our commitment to supporting technology innovation geared towards leapfrogging consumer challenges pertaining to affordability and accessibility of essential goods and services in India, while creating large scale economic opportunities along the way.
CDC’s commitment will support Pravega to invest in highly scalable early-stage companies. Pravega can support their growth and large-scale employment creation, both directly and through the services they provide to other market stakeholders.
|Suppliers, employees, consumers|
Primarily low-income and middle-income.
To help us direct our investments, we use a tool called the Development Impact Grid. The Grid scores every investment we plan out of a score of four, based on two factors: the difficulty of investing in the country and whether investment in that sector will lead to jobs.
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Pravega Ventures
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.