IFC considers $25m commitment to Motilal Oswal PE fund
The International Finance Corporation (IFC) is considering an equity investment of up to $25 million in Motilal Oswal’s India Business Excellence Fund IIA, which offers growth equity capital to small- and medium-sized enterprises (SMEs) in India.
The firm is looking to raise INR9 billion ($166 million) for the fund, which reached a second close of INR4.86 billion in August 2012. According to an IFC disclosure, the investment focus will be on...
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