IFMR Rural Channels and Services

India Financial services

IFMR Rural Channels and Services (IRCS) provides various credit, insurance, savings, pensions, microcredit and asset products/services in remote rural areas of India.

  • Active
  • Exited

Sarva Capital LLC (Formerly Lok II)

We are invested in IFMR Rural Channels and Services through Sarva Capital LLC (Formerly Lok II), which is managed by Lok Capital. 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.

:
Financial services
Investment type

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

:
Intermediated investment
Fund:
Sarva Capital LLC (Formerly Lok II)
Fund Manager:
Lok Capital
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 2012
Domicile

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

:
India

Leapfrog Financial Inclusion Fund II

We are invested in IFMR Rural Channels and Services through Leapfrog Financial Inclusion Fund II, which is managed by LeapFrog Investments Group Limited. 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.

:
Financial services
Investment type

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

:
Intermediated investment
Fund:
Leapfrog Financial Inclusion Fund II
Fund Manager:
LeapFrog Investments Group Limited
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 2014
Domicile

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

:
India