Actis South Asia Fund 1

South Asia Communications and IT Services, Manufacturing, Health, Infrastructure, Financial services, Others

Actis is a leading investor in growth markets across Africa, Asia and Latin America. Its three separate investment groups focus on energy and infrastructure; real estate; and general sectors, including consumer, education, financial services, healthcare, industrial, manufacturing, and retail.

Actis was formed in 2004 following a restructuring of CDC designed to bring more equity capital into developing countries and the two organisations have a shared history.

The London-based firm has offices across Africa, Asia and Latin America.

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.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
South Asia
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
Ghana, India, Sri Lanka
Sector

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.

:
Communications and IT Services, Financial services, Health, Infrastructure, Manufacturing, Others
Website:
https://www.act.is/
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Actis LLP
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

:
January 2003
Amount

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.

:
$130.34m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
United Kingdom

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Gujarat Venture Capital Fund 1995

A venture capital fund manager providing regional and sector funds in India

View investment details

India South Asia Financial services December 1996 Active
BPL Communications Ltd India South Asia Communications and IT Services December 1997 Active
UTI Bank Ltd

UTI Bank is a private bank in India with operations on both the corporate and retail side.

View investment details

Ghana, India Africa, South Asia, West Africa Financial services December 2001 Active
SML Isuzu Ltd (formerly Swaraj Mazda Ltd)

SML Isuzu is a commercial vehicle manufacturer with over 25 years of experience. It is the first company in India to manufacture and supply fully built buses, ambulances and customized vehicles

View investment details

India South Asia Manufacturing December 2002 Active
CDC-PTL Holdings Ltd

CDC-PTL is a SPV for Punjab Tractors Ltd, the second largest tractor manufacturer in India

View investment details

India South Asia Manufacturing December 2003 Active