According to bank documents,"OPIC will provide a five-year guarantee of a loan denominated in Indian Rupees (“INR”) and issued by an Indian commercial bank to the Borrower (the “Loan”). The Borrower will use the proceeds of the Loan to meet working capital needs as the company grows its food distribution network ahead of demand and expands into new regions and food products."
US Sponsors: Soros Economic Development Fund, a nonprofit corporation organized under the laws of Delaware, Sanjay Dasari, Vinod Dasari and Sarita Dasari, individual U.S. Citizens.
Foreign Sponsors: Aspada Investment Company (24.10%), an investment holding company incorporated in Mauritius, Lightstone Fund S.A. (22.72%), Karthik Jayaraman (9.59%), Sakal Papers Private Limited (3.58%).
No contact information provided at the time of disclosure.