Original disclosure @ IFC website
Updated in EWS Aug 27, 2021
Disclosed by Bank Mar 21, 2021
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According to the bank's website, "IFC proposes an equity investment of up to INR equivalent of US$25 million, subject to not being more than 10% of the aggregate commitment to the Fund at final close, with an equivalent amount of co-investment envelope, in Gaja Capital India Fund 2020 (“Fund” or “Gaja 2020”), a scheme of Gaja Trustee Company Private Limited. The Fund is targeting US$400 million in commitments to invest in 12-15 mid- sized companies (EV upto ~US$150 million) in the education, healthcare, financial services, consumer and SaaS sectors. The Fund will continue to replicate the strategy of its predecessor Funds along with a high-touch engagement model to drive scale and transformation in investees."
Gaja 2020 Capital
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