Innovative Foods

India Food and agriculture

Innovative Foods Ltd is a leading player in the frozen foods sector and offers ready to cook vegetable, meat and seafood products marketed under the “Sumeru” brand.

We are invested in Innovative Foods through Peepul Capital Fund III, which is managed by Peepul 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.

:
Food and agriculture
Investment type

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

:
Intermediated investment
Fund:
Peepul Capital Fund III
Fund Manager:
Peepul 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 2016
Domicile

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

:
India