Baring India Private Equity Fund II LP

South Asia Construction and real estate, Infrastructure, Health, Financial services, Business services, Communications and IT Services, Food and agriculture, Manufacturing

This is a generalist private equity growth fund 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, Construction and real estate, Financial services, Food and agriculture, Health, Infrastructure, Manufacturing
Investment type

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

:
Intermediated investment
Fund manager:
Baring Private Equity Partners India
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

:
June 2005
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.

:
$15m
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
Gridstone Research (Perputo Inc) India South Asia Communications and IT Services September 2005 Active
Secova eServices

Secova is a human resources outsourcing firm, providing payroll processing and administration of healthcare and welfare benefits to its global clientele.

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India South Asia Communications and IT Services April 2006 Active
Auro Mira Energy Company Pvt Ltd

Auro Mira Energy specialises in renewable energy projects, especially in wind-energy, small-hydel and biomass.

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India South Asia Infrastructure June 2006 Active
Neo Accel India South Asia Communications and IT Services June 2006 Active
Parsec Interact Inc India South Asia Communications and IT Services September 2006 Active
ReaMetrix Inc

ReaMetrix is an early stage company working on a high end diagnostic solution called Flow Cytometer. The re-engineered solution will facilitate access to diagnostic tests done on this device in India and other emerging markets where majority of the patient population cannot afford them presently.

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India South Asia Health June 2007 Active
Intrasoft Technologies

Infrasoft Technologies provides IT services and software products to the financial services industry. It has service offerings/solutions in anti money laundering and wealth management.

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India South Asia Communications and IT Services June 2007 Active
Balmer Lawrie Investments

Balmer Lawrie Investments Limited (BLIL) was set up as a Special Purpose Vehicle (SPV) for a limited purpose, to hold shares of Balmer Lawrie Company, a diversifed company with mutliple segments (government owned enterprise with eight business verticals - Industrial Packaging, Greases & Lubricants, Leather Chemicals, Refinery & Oilfield Services, Tea Blending & Packaging, Travel, Logistics Services and Infrastructure).

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India South Asia Financial services December 2010 Active
Manappuram Finance Limited

Manappuram Finance Limited provides loans to borrowers against the pledge of household gold jewellery.

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India South Asia Financial services December 2010 Active
Vardhman Holdings Ltd

Vardhman is a leader in the textile industry with operations in the segments of yarn, sewing thread, steel, and fabric.

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India South Asia Manufacturing December 2010 Active