Original disclosure @ IFC website
Updated in EWS Apr 24, 2023
Disclosed by Bank Mar 10, 2023
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According to the IFC, the project consists of an equity investment of up to $10m in Techxila Fund II L.P., managed by Fatima Gobi Ventures, a Mauritius domiciled venture capital fund that will invest in tech start-ups primarily in Pakistan.
The IFC categorized the project as FI-2.
As stated by the IFC, the Fund will be domiciled in Mauritius and will be managed by Fatima Gobi Ventures which was founded in 2019 to support entrepreneurs building technology-driven solutions across Pakistan.
General IFC Inquiries - IFC Communications:
Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384
Financial Intermediary - Fatima Gobi Ventures:
Taraec Hussein - Head of Investments
Location: Lahore Cantt., Pakistan
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org