fbpx 53187-001: Tata Capital Growth Fund II | Asian Development Bank

India: Tata Capital Growth Fund II

Nonsovereign (Private) Project | 53187-001 Status: Approved

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.

Project Details

Project Officer
Mahmud, Farshed Request for information
Country
  • India
Sector
  • Finance
 
Project Name Tata Capital Growth Fund II
Project Number 53187-001
Borrower/Company Tata Capital Growth Fund II
Country India
Location Nation-wide
Type or Modality of Assistance
Equity Ordinary capital resources USD 10.00 million Approved
Strategic Agendas Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Finance / Infrastructure finance and investment funds

Gender Equity and Mainstreaming Some gender elements
Responsible ADB Department
Responsible ADB Division
Responsible ADB Officer Mahmud, Farshed
Project Sponsor(s) Tata Capital Limited
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.

Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment FI
Involuntary Resettlement FI
Indigenous Peoples FI
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 20 May 2019
Credit Committee Meeting 22 Nov 2019
Approval 10 Dec 2019
Last PDS Update 16 Dec 2019

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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