IFC plans to invest $15 mn in Seabright IV L.P/Prime Venture Partners
IFC proposes to invest $100 mn in Hero Fincorp s secured debt
The International Finance Corporation (IFC), part of the World Bank group is planning an equity investment up to $15 million in Seabright IV, L.P (the Fund , operating as Prime Venture Partners).
The IFC also plans another $15 million as a co-investment envelope to invest alongside the Fund. The Fund will invest primarily in companies focused on India, according to
IANS.
According to IFC, the Fund will focus primarily on seed to series-A stage investments in Indian technology-enabled companies.
IFC proposes to invest $100 mn in Hero Fincorp s secured debt
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IFC proposes to invest $100 mn in Hero Fincorp s secured debt
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