EMBL Retail Inc

India Communications and IT Services

EMBL Retail, based in Bangalore, is an e-commerce footwear retail company using a smartphone app for customers to take photos of their foot which are uploaded to the company’s cloud server. The 3D plot of the foot is then mapped again a shoe database to enable the customer to obtain the best fitting shoes.

We are invested in EMBL Retail Inc through VenturEast Proactive Fund II, which is managed by VenturEast. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

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.

:
Communications and IT Services
Investment type

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

:
Intermediated investment
Fund:
VenturEast Proactive Fund II
Fund Manager:
VenturEast
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

:
September 2016