International Finance Corporation (IFC) has proposed to invest up to $15 million in the Faering Capital Evolving Fund III, managed by Faering Capital.
With Fund III, the firm is looking to raise $200 million and it will use the capital to provide growth capital to mid-market Indian companies in diversified sectors, including financial services, healthcare, logistics and consumption enabling sectors.
Platinum subscribers may click here for the IFC’s full profile, including key contacts, allocation strategy and fund investments.
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