Pristine Logistics and Infraprojects Private Limited

South Asia Infrastructure

Pristine Logistics (PLIPL) is a fast-growing Indian company that develops and operates vital infrastructure to transport and handle railway freight in rural and under-served parts of the country.

Our investment

In 2015, CDC made a $25 million direct investment into the infrastructure company to help the company build essential infrastructure in low-income states such as Uttar Pradesh and Bihar.

CDC exited the company in March 2018

Environmental and social aspects

We worked closely with the company to improve safety for the workforce and environmental management practices.

Since our investment, the company has been successful in obtaining ISO 9001 quality certification, ISO 140001 environmental certification, and OHSAS 18001 for occupational health and safety.

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:
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.

:
Infrastructure
Website:
http://pristinelogistics.com/
Investment type

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

:
Direct 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 2018
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.

:
$200m
Domicile

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

:
India