Original disclosure @ IFC website
Updated in EWS May 17, 2023
Disclosed by Bank May 9, 2023
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As stated by the IFC, the proposed Project is for an equity investment of up to US$15 million into 3one4 Capital IFSC Fund. The Fund will focus primarily on seed to series A stage investments in Indian technology-enabled companies across sectors such as digital health, consumer internet, fintech, enterprise and SMB automation, and software-as-a-service.
The IFC categorized the project as FI-2.
As stated by the IFC, the Fund will be managed by 3one4 Capital FME IFSC LLP and is sponsored by 3one4 Capital Advisors LLP. The general partners at the fund manager are Pranav Pai, Siddarth Pai, Anurag Ramdasan, and Nruthya Madappa.
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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 - 3one4 Capital Advisors LLP:
Siddarth Pai - Managing Partner
Address: Office #1, 5th Floor, 1 Sobha 50, St Mark's Rd, Ashok Nagar, Bengaluru, Karnataka 560001
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