Known to invest in relatively mature start-ups, IFC has backed four start-ups and three VC funds in the 12-month period ended 30 June. Known to invest in relatively mature start-ups, IFC has backed four start-ups and three VC funds in the 12-month period ended 30 June. In India, IFC Venture Capital made its first major start-up investment in dialysis labs chain NephroPlus in 2014. Since IFC Venture Capital deploys funds from IFC’s balance sheet (IFC raises money through bonds and internal accruals), it can wait longer than typical VCs for exits. IFC Venture Capital—globally an investor in Coursera, Yandex and VC funds including Rocket Internet and TPG Capital—is led by Nikunj Jinsi in Washington, D.C.

Source: Mint August 06, 2017 20:15 UTC