IDFC Private Equity (Mauritius) Fund II

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

This is a private equity fund focused on investing in infrastructure and infra ancillary sectors 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.

:
Communications and IT Services, Health, Infrastructure, Manufacturing, Others
Investment type

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

:
Intermediated investment
Fund manager:
IDFC Private Equity
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

:
March 2006
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.

:
$25m
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
Manipal

Manipal Education and Medical Group (MEMG) is one of India’s leading medical research, education, and healthcare services providers. It manages hospitals, education institutions, and medical research facilities. The Bangalore-based company was founded in 1953 and owns and operates onsite campuses in Manipal, Mangalore, Bangalore, Goa, Sikkim, Nepal, Malaysia, the United Arab Emirates, and Antigua. MEMG-CDC Ventures is a new platform established by Manipal and CDC, pooling capital and expertise to back and develop the next generation of out-of-hospital healthcare services.

View investment details

India South Asia Health June 2006 Active
Quipo Infrastructure Equipment Ltd India South Asia Infrastructure March 2007 Active
PV Technologies India Ltd (Moser Baer Solar Ltd)

PV Technologies India Limited operates in the solar power industry. PV Tech owns Moser Baer Photovoltaic Limited, a solar cell and modules manufacturer.

View investment details

India South Asia Manufacturing November 2007 Active
Goodearth Maritime

Goodearth Maritime is a dry bulk shipping and coal mining company in Indonesia.

View investment details

India South Asia Manufacturing March 2008 Active
Green Infra Limited

Sembcorp Green Infra is one of India’s largest independent renewable power producers. Green Infra's business caters to all forms renewable energy - wind, solar, hydro, biomass and energy efficiency. The company was incorporated in 2008 and is based in Gurgaon, India. Sembcorp Green Infra Limited was previously known as Green Infra Limited.

View investment details

India South Asia Infrastructure June 2008 Active
ACT Telecom Infrastructure Pvt Ltd (formerly VIOM Networks Ltd)

Quipo Telecom Infrastructure Ltd (QTIL) is a telecom tower company in India.

View investment details

India South Asia Communications and IT Services September 2008 Active