This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- South Asia
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.
- Education, Financial services, Food and agriculture, Health
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Lok Capital
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- September 2010
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.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
Investments made by this fund
|Investment name||Country||Region||Sector||Start date||Status|
Based in Uttar Pradesh, Utkarsh is a small finance bank which provides financial services to the under-served low-income rural and urban population in north and east India. It started operating back in September 2009, and provides group loans, micro, small and medium enterprise (MSME) loans, housing loans and savings accounts to the unbanked population in its heartland.
|India||South Asia||Financial services||June 2011||Active|
Suryoday Small Finance Bank Limited
Suryoday Small Finance Bank Limited is based in Mumbai with over 215 branches in 7 states across India and over 750,000 customers. It offers group, individual, SME and home loans.
|India||South Asia||Financial services||January 2013||Active|
Everest Edusys & Solutions Pvt. Ltd.
A science education content provider focused on middle school students which provides over 200 exhibits through science labs, days, and managed science centres in private and public schools
|India||South Asia||Education||October 2013||Active|
The company runs the Livewell Institute of Rehabilitation Medicine, a rehabilitation/geriatric care provider helping patients (particularly with neurological and cardiac problems) integrate into regular life after major illness.
|India||South Asia||Health||December 2014||Active|
Siddhivinayak Agri Services Pvt Ltd
Siddhivinayak Agri Processing company is an integrated potato supply chain player providing a range of pre and post harvest solutions. The company was founded in 2009 and works with more than 3,500 farmers across 7 Indian states (Punjab, Rajasthan, Gujarat, Madhy and Uttar Pradesh, Maharashtra and Karnataka). It also provides good quality tuber seeds to farmers through its franchisee networks.
|India||South Asia||Food and agriculture||September 2015||Active|
Dvara (IFMR Holdings)
IFMR Holdings is the parent company of IFMR Capital. It is India's leading financial inclusion group and includes a rural retail financial services provider and a technology and services company supporting MFIs.
|India||South Asia||Financial services||September 2015||Active|
Veritas Finance Private Limited
Founded in 2015, Veritas Finance is an Indian financial services firm, based in Chennai. It lends to over 12,000 micro, small and medium-sized enterprise (MSME) customers in rural and semi-urban areas. It provides these businesses with small individual loans for working capital and business expansion. Veritas currently operates more than 100 branches across Tamil Nadu, Puducherry, Karnataka, West Bengal and Odisha.
|India||South Asia||Financial services||March 2016||Active|