Pragati India Fund Limited (formerly PI International)

South Asia Health, Manufacturing, Financial services

A fund investing in the less developed states of Northern India, focused on healthcare, microfinance, and manufacturing.

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.

:
Financial services, Health, Manufacturing
Investment type

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

:
Intermediated investment
Fund manager:
Pragati India Asset Management
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

:
October 2011
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.

:
$50m
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
Saija Finance Private Limited

Saija Finance Private provides micro-credit and financial services to small entrepreneurs in India.

View investment details

India South Asia Financial services March 2012 Active
PTC Industries Ltd

PTC Industries Ltd is a manufacturer of customised high alloy castings for application in oil & gas, power and marine sectors with global engineering conglomerates as its customers.

View investment details

India South Asia Manufacturing July 2013 Active
DCDC Health Services Private Limited

Deep Health Care was established in 2009 to provide quality dialysis care and is based in Delhi. It works under standalone centres and also has facilities within hospitals.

View investment details

India South Asia Health December 2014 Active