Avigo SME Fund II

South Asia Manufacturing, Communications and IT Services, Business services, Other consumer services, Infrastructure

This is a generalist SME private equity fund investing in India.

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.

:
India
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.

:
Business services, Communications and IT Services, Infrastructure, Manufacturing, Other consumer services
Investment type

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

:
Intermediated investment
Fund manager:
Avigo Capital Partners
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 2007
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.

:
$20m
Domicile

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

:
Mauritius

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Tecpro Systems

Tecpro is a leading player in the Balance of Plant segment in the power sector on the back of its established credentials in the material handling and ash handling industries.

View investment details

India South Asia Business services July 2006 Active
Tecpro Systems

Tecpro is a leading player in the Balance of Plant segment in the power sector on the back of its established credentials in the material handling and ash handling industries.

View investment details

India South Asia Business services July 2006 Active
Tecpro Systems

Tecpro is a leading player in the Balance of Plant segment in the power sector on the back of its established credentials in the material handling and ash handling industries.

View investment details

India South Asia Business services July 2006 Active
GET Power Private Ltd

GET is a turnkey service provider in the distribution segment of India s power sector. It operates in four segments: distribution, rural electrification, wind energy evacuation and industrial electrification.

View investment details

India South Asia Business services February 2007 Active
Bharat Box Factory

BBFL is a manufacturer of paper and plastic based packaging material, providing packaging solutions to a variety of industries such as FMCG, agri-based businesses and manufacturing.

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India South Asia Manufacturing February 2008 Active
Hythro Power Corporation Ltd

Hythro Power specialises in projects that include construction and maintenance of public utilities and garbage stations apart from engineering jobs.

View investment details

India South Asia Business services May 2009 Active