TechEmerge (IFC-600972)

Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 29, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 2.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 4, 2017

Disclosed by Bank Aug 25, 2016


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Project Description
This project will support IFC's strategy by introducing the best available technologies to IFC clients and prospective clients in the healthcare sector in India through implementing the following 4 main components: (1) mapping demand and innovation needs of selected private and public healthcare sector companies; (2) screening and evaluation of relevant new healthcare technologies offered by young technology providers; (3) convening periodic technology match-making events targeted to present and demonstrate technologies; and (4) supporting structuring and financing field test projects. The pilot project will leverage and combine IFC's strong track record in venture capital investment in young companies with its existing network and know-how of 2,000+ investment clients globally who are users of technology.
Investment Description
  • International Finance Corporation (IFC)
Estimated Total Budget $2,205,734.00
Contact Information
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