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Phi Capital

Sector: Electric Vehicles (EVs) • Location: India

Source: International Finance Corporation (IFC)

Project
Active

 IFC proposes an equity investment of up to US$20 million, not exceeding 20% of the total commitment, in PCGF 1.6 GIFT City Fund (“Fund II” or the “Fund”), a private equity (PE) fund focused on providing growth capital to small and mid-market companies across (i) consumer; (ii) manufacturing; (iii) financial services; (iv) healthcare; and (v) tech enabled services sectors, and together with Phi Ca

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The project “Phi Capital” is an infrastructure initiative in the Electric Vehicles (EVs) sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

 IFC proposes an equity investment of up to US$20 million, not exceeding 20% of the total commitment, in PCGF 1.6 GIFT City Fund (“Fund II” or the “Fund”), a private equity (PE) fund focused on providing growth capital to small and mid-market companies across (i) consumer; (ii) manufacturing; (iii) financial services; (iv) healthcare; and (v) tech enabled services sectors, and together with Phi Capital Growth Fund 1.6 (Master Fund) is targeting US$250 million in total commitments. The Fund is expected to size its average ticket per company in the range of US$15-40 million in 8-10 companies.                                                  

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High

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Source

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URL

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