Project Data Sheet
Project 53187-001
Project Data Sheet
Project 53187-001
| Project Name | Tata Capital Growth Fund II | |||||
| Project Number | 53187-001 | |||||
| Borrower / Company | Tata Capital Growth Fund II |
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| Country / Economy | India |
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| Location | Nation-wide | |||||
| Type or Modality of Assistance |
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| Operational Priorities | OP2: Accelerating progress in gender equality |
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| Sector / Subsector | Finance / Infrastructure finance and investment funds |
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| Gender | Some gender elements | |||||
| Responsible ADB Department | Private Sector Operations Department | |||||
| Responsible ADB Division | Private Sector Investment Funds and Special Initiatives Division | |||||
| Responsible ADB Officer | Mahmud, Farshed | |||||
| Project Sponsor(s) | Tata Capital Limited |
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| Description | An equity investment of up to $10 million in Tata Capital Growth Fund II ('TCGF II , or the 'Fund ), a targeted $350 million India-focused private equity fund managed by Tata Capital Limited that will invest for primarily minority stakes in lower mid-market companies operating in the financial services, health care/pharmaceutical, manufacturing, and information technology sectors. |
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| Objectives and Scope | ||||||
| Linkage to Country/Regional Strategy |
| Safeguard Categories | |
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| Environment | FI |
| Involuntary Resettlement | FI |
| Indigenous Peoples | FI |
| Summary of Environmental and Social Aspects | |
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| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| Timetable for assistance design, processing and implementation | |
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| Concept Clearance | 20 May 2019 |
| Credit Committee Meeting | 22 Nov 2019 |
| Approval | 10 Dec 2019 |
| Last PDS Update | 16 Dec 2019 |