In 2018, we committed $25 million to Lighthouse India Fund III. Over time, small to medium-sized consumer businesses have been experiencing a widening gap between the supply and demand of growth capital; we are trying to help bridge the gap through our investment in this fund. So far, Lighthouse has made four investments in manufacturing companies, including Tynor Orthotics, a leading manufacturer of orthopedic and fracture aids and Aqualite, a leading manufacturer of affordable family footwear.
Lighthouse III will provide small cap minority equity capital to family-owned and controlled businesses that do not have access to institutional funding, addressing a supply-demand gap in India’s small-cap space. The fund manager particularly aims to address the financing gap in less developed regions across India.
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Lighthouse Funds LLC
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.
Investments made by this fund
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