Phatisa Food Fund 2
Phatisa Fund 2 will invest across the food value chain in sub-Saharan Africa. The investment will strengthen and increase food supply, local production and distribution across the region. It will also address access to, and affordability of, products among farmers and promote smart agricultural methods – such as enhancing crop resilience, reducing food loss and waste, while increasing outputs, yields and incomes.
- Website:
- https://www.phatisa.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$30m |
Africa
|
Business and consumer services, Food and agriculture, Health, Manufacturing
|
January 2021 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Deltamune Pty (Ltd) “Project Dalmatian”
|
Africa
|
Africa
|
Health
|
|
December 2021 |
Active |
Farming and Engineering Services Limited (FES)
|
Africa
|
Africa
|
Food and agriculture
|
|
June 2021 |
Active |
IFS (International Facilities Services)
|
Africa
|
Africa
|
Business and consumer services
|
|
July 2024 |
Active |
Lynx Food Group
|
South Africa
|
Southern Africa
|
Food and agriculture
|
|
December 2021 |
Active |
MHL International Holdings Ltd (Manipal)
|
Kenya
|
East Africa
|
Manufacturing
|
|
March 2023 |
Active |
Rolfes Holdings Limited
|
South Africa
|
Southern Africa
|
Food and agriculture
|
|
June 2020 |
Active |
|
Africa, Kenya, South Africa
|
Africa
|
Food and agriculture, Health, Manufacturing
|
Active |
pi Ventures Fund I
pi Ventures Fund I is a venture capital fund specializing in early stage and startup investments.
- Website:
- https://www.piventures.in/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$5.84m |
South Asia
|
Health, Manufacturing, Technology and telecoms
|
July 2018 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Abee Research Labs (P) Lts (SwitchOn)
|
India
|
South Asia
|
Manufacturing
|
|
May 2019 |
Active |
Absentia Virtual Reality Private Limited (Pyxis)
|
India
|
South Asia
|
Technology and telecoms
|
|
October 2020 |
Exited |
Agnikul Cosmos Private Ltd
|
India
|
South Asia
|
Manufacturing
|
|
March 2020 |
Active |
AIPalette PTE Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
July 2021 |
Active |
Aiquire Inc (Pyxis)
|
India
|
South Asia
|
Technology and telecoms
|
|
November 2020 |
Active |
Insanefit Technologies Pvt Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
July 2021 |
Exited |
Leapus Technologies (P) Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
October 2020 |
Active |
Mara Labs
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2018 |
Active |
Niramai Health Analytix Private Limited
|
India
|
South Asia
|
Health
|
|
March 2017 |
Active |
Promoto Software Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
February 2018 |
Exited |
Sabstone Ltd (Oweme)
|
India
|
South Asia
|
Technology and telecoms
|
|
October 2018 |
Exited |
Sigtuple Technologies Private Limited
|
India
|
South Asia
|
Health
|
|
January 2017 |
Active |
Ten3T Healthcare Private Limited
|
India
|
South Asia
|
Health
|
|
December 2016 |
Active |
Touchkin eServices Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
June 2019 |
Active |
Vidurama Inc (Frontdesk)
|
India
|
South Asia
|
Technology and telecoms
|
|
February 2019 |
Active |
Wavicle Technologies Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
September 2022 |
Active |
Zenatix Solutions Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
January 2017 |
Exited |
|
India
|
South Asia
|
Health, Manufacturing, Technology and telecoms
|
Active |
Pi Ventures Fund II
pi Ventures is an early-stage fund, focused on investing on disruptive ideas leveraging machine learning, Artificial Intelligence (AI) and the Internet of Things (IoT) in India.
- Website:
- https://www.piventures.in/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$8.11m |
South Asia
|
Health, Infrastructure, Manufacturing, Technology and telecoms
|
October 2022 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Ahammune Biosciences Pvt. Ltd
|
India
|
South Asia
|
Health
|
|
September 2024 |
Active |
Clean Electric Pvt. Ltd
|
India
|
South Asia
|
Infrastructure
|
|
September 2024 |
Active |
Heni Innovation Private Limited
|
India
|
South Asia
|
Health
|
|
April 2023 |
Active |
Immunito AI Private Limited
|
India
|
South Asia
|
Health
|
|
August 2021 |
Active |
Lightspeed Photonics Private Limited
|
India
|
South Asia
|
Manufacturing
|
|
June 2024 |
Active |
Ottonomy IO Private Limited
|
India
|
South Asia
|
Manufacturing
|
|
August 2022 |
Active |
Preimage Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
August 2022 |
Active |
Quanfluence Private Limited
|
India
|
South Asia
|
Manufacturing
|
|
December 2024 |
Active |
RagaAI Inc.
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2022 |
Active |
RepelloAI Technologies Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
June 2024 |
Active |
Silence Laboratories India Private Limited
|
India, Singapore
|
South Asia, Southeast Asia
|
Technology and telecoms
|
|
August 2022 |
Active |
Theranautilus Private Limited
|
India
|
South Asia
|
Health
|
|
November 2024 |
Active |
TurboML
|
India
|
South Asia
|
Technology and telecoms
|
|
June 2023 |
Active |
|
India, Singapore
|
South Asia
|
Health, Infrastructure, Manufacturing, Technology and telecoms
|
Active |
Plenty Private Equity Fund I (Multiples II)
Multiples’ second fund, Plenty Private Equity Fund (Plenty), launched in 2015. It is focused on medium-sized Indian companies operating across a variety of sectors including consumer, financial services, healthcare, IT services, logistics and agriculture.
- Website:
- https://www.plentyinvestmentadvisors.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$30m |
South Asia
|
Business and consumer services, Financial services, Health, Manufacturing, Technology and telecoms
|
April 2015 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
APAC Financial Services Private Limited
|
India
|
South Asia
|
Financial services
|
|
December 2018 |
Active |
Arvind Ltd
|
India
|
South Asia
|
Manufacturing
|
|
December 2016 |
Exited |
Dream 11 Inc
|
India
|
South Asia
|
Business and consumer services
|
|
January 2017 |
Exited |
Encube Ethicals Private Limited
|
India
|
South Asia
|
Health
|
|
September 2016 |
Exited |
Natco Pharma Limited
|
India
|
South Asia
|
Health
|
|
October 2017 |
Exited |
PeopleStrong HR Services Pvt Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2017 |
Active |
PVR Limited
|
India
|
South Asia
|
Business and consumer services
|
|
September 2015 |
Exited |
Quantiphi
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2019 |
Active |
RBL Bank Limited
|
India
|
South Asia
|
Financial services
|
|
August 2017 |
Exited |
Sanctum Wealth Management Private Limited
|
India
|
South Asia
|
Financial services
|
|
March 2018 |
Active |
Vastu Housing Finance Corporation
|
India
|
South Asia
|
Financial services
|
|
September 2015 |
Active |
|
India
|
South Asia
|
Business and consumer services, Financial services, Health, Manufacturing, Technology and telecoms
|
Active |
Pravega Ventures Fund I
Pravega Ventures is an early-stage venture capital investor backing highly scalable, tech-enabled businesses in India, particularly in the fintech and enterprise spaces.
- Website:
- https://www.pravegavc.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$7m |
South Asia
|
Business and consumer services, Education, Financial services, Health, Technology and telecoms
|
March 2020 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Algiz Consultancy Services Pvt Limited (Zipsure)
|
India
|
South Asia
|
Financial services
|
|
March 2018 |
Exited |
Arthashastra Fintech Private Limited (ePayLater)
|
India
|
South Asia
|
Financial services
|
|
December 2020 |
Active |
Bharat Labs
|
India
|
South Asia
|
Health
|
|
July 2024 |
Active |
Chefkart Hospitality Private Limited
|
India
|
South Asia
|
Business and consumer services
|
|
June 2021 |
Active |
Citizengage Solutions Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2016 |
Exited |
CreatorOS Inc
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2021 |
Active |
Crofarm Agriproducts Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2016 |
Active |
Datasigns Technologies Private Limited (Shubhloans)
|
India
|
South Asia
|
Financial services
|
|
March 2017 |
Active |
Digital Gold India Private Limited (Safegold)
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2019 |
Active |
Flextechnologies Pte. Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2021 |
Active |
Fyle Technologies Pvt Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2018 |
Active |
Greyatom Edutech Private Limited
|
India
|
South Asia
|
Education
|
|
March 2017 |
Exited |
Ikarus Process Automation Pvt Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2016 |
Exited |
InnovAccer Inc
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2016 |
Active |
Komorebi Tech Solutions Private Limited (Cityflo)
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2019 |
Exited |
Krab AI, Inc
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2021 |
Exited |
Leucine Inc
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2021 |
Active |
Leucine Medtech Pvt Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2020 |
Active |
Mintoak Innovations Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2020 |
Active |
My Phygital Cafe Private Limited (Grubox)
|
India
|
South Asia
|
Business and consumer services
|
|
March 2017 |
Active |
Ordenado Labs Pvt Ltd (Kaagaz)
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2020 |
Active |
PropertyShare Online Platform Pvt Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2016 |
Active |
Socionity Software Solutions Pvt Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2020 |
Active |
WorkEx Solutions and Services Pvt Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2017 |
Exited |
Zealthlife Pte. Ltd
|
Singapore
|
Rest of the World
|
Technology and telecoms
|
|
December 2021 |
Active |
|
India, Singapore
|
South Asia
|
Education, Financial services, Health, Technology and telecoms
|
Active |
Pravega Ventures Fund II
Pravega Ventures is an early-stage venture capital investor backing highly scalable, tech-enabled businesses in India, particularly in the fintech and enterprise spaces.
- Website:
- https://www.pravegavc.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$10m |
South Asia
|
Business and consumer services, Financial services, Manufacturing, Technology and telecoms
|
September 2022 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
ArtistFirst Technologies Inc.
|
India
|
South Asia
|
Business and consumer services
|
|
December 2022 |
Active |
Constelli Signals Private Limited
|
India
|
South Asia
|
Manufacturing
|
|
September 2024 |
Active |
Critical Path Technologies Private Limited
|
India
|
South Asia
|
Manufacturing
|
|
December 2023 |
Active |
Fluid Robotics
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2023 |
Active |
Grayquest Education Finance Pvt Ltd
|
India
|
South Asia
|
Financial services
|
|
March 2023 |
Active |
Indinvoice Tech Solutions Private Limited
|
India
|
South Asia
|
Financial services
|
|
March 2023 |
Active |
Mintoak Innovations Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2020 |
Active |
RagaAI Inc.
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2022 |
Active |
Zingg Labs Inc.
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2022 |
Active |
|
India
|
South Asia
|
Business and consumer services, Financial services, Manufacturing, Technology and telecoms
|
Active |
Regional Education Finance Fund for Africa
The Regional Education Finance Fund for Africa was set up by KfW in 2012 with a $27 million investment. The fund provides long-term debt to financial institutions in Africa for on-lending to affordable, private education providers offering primary, secondary and tertiary education as well as for individual school fee loans to parents and students.
- Website:
- https://www.blueorchard.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$15m |
Africa
|
Education, Financial services
|
May 2018 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Access Bank Plc
|
Nigeria
|
West Africa
|
Financial services
|
|
March 2024 |
Active |
Advans Cote d’Ivoire
|
Cote d'Ivoire
|
West Africa
|
Financial services
|
|
September 2017 |
Exited |
Advans Holding
|
Nigeria
|
West Africa
|
Financial services
|
|
December 2023 |
Active |
Advans Nigeria
|
Nigeria
|
West Africa
|
Financial services
|
|
July 2021 |
Exited |
African Microfinance Limited
|
Tanzania
|
East Africa
|
Financial services
|
|
December 2023 |
Active |
Baobab Mali
|
Mali
|
West Africa
|
Financial services
|
|
June 2023 |
Active |
Bayport Botswana
|
Botswana
|
Southern Africa
|
Financial services
|
|
March 2019 |
Exited |
Bayport Ghana
|
Ghana
|
West Africa
|
Financial services
|
|
July 2018 |
Exited |
Bayport Management Limited
|
Mauritius
|
East Africa
|
Financial services
|
|
December 2022 |
Active |
Bayport Tanzania
|
Tanzania
|
East Africa
|
Financial services
|
|
March 2021 |
Active |
Bayport Tanzania
|
Tanzania
|
East Africa
|
Financial services
|
|
June 2022 |
Exited |
EdPartners Limited
|
Kenya
|
East Africa
|
Financial services
|
|
November 2023 |
Active |
EFC Zambia
|
Zambia
|
Southern Africa
|
Financial services
|
|
September 2023 |
Active |
ENDA Tamweel
|
Africa, Tunisia
|
Africa, North Africa
|
Financial services
|
|
March 2020 |
Active |
Family Bank
|
Kenya
|
East Africa
|
Financial services
|
|
December 2021 |
Active |
Fanikiwa Tanzania
|
Tanzania
|
East Africa
|
Financial services
|
|
September 2023 |
Active |
Fidelis Finance
|
Burkina Faso
|
West Africa
|
Financial services
|
|
December 2020 |
Active |
Fidelis Finance
|
Burkina Faso
|
West Africa
|
Financial services
|
|
June 2021 |
Exited |
Guilgal
|
Democratic Republic of Congo
|
Central Africa
|
Financial services
|
|
June 2024 |
Active |
Izwe Ghana
|
Ghana
|
West Africa
|
Financial services
|
|
February 2020 |
Exited |
Izwe Zambia
|
Zambia
|
Southern Africa
|
Financial services
|
|
June 2023 |
Active |
Letshego Botswana
|
Botswana
|
Southern Africa
|
Financial services
|
|
December 2020 |
Active |
Letshego Ghana
|
Ghana
|
West Africa
|
Financial services
|
|
June 2021 |
Active |
Letshego Kenya Limited
|
Kenya
|
East Africa
|
Financial services
|
|
May 2021 |
Active |
MyCredit Kenya
|
Kenya
|
East Africa
|
Financial services
|
|
June 2023 |
Active |
PAMECAS
|
Senegal
|
West Africa
|
Financial services
|
|
October 2023 |
Active |
Regional Education Finance Fund for Africa (for DI metrics)
|
Africa
|
Africa
|
Education
|
|
May 2018 |
Exited |
Select Eswatini
|
Eswatini, Kenya, Lesotho, Malawi, Mauritius, Uganda
|
East Africa, Southern Africa
|
Financial services
|
|
December 2019 |
Active |
Sterling Bank Plc
|
Nigeria
|
West Africa
|
Financial services
|
|
March 2022 |
Active |
Sumac Microfinance Bank
|
Kenya
|
East Africa
|
Financial services
|
|
June 2021 |
Exited |
Victoria Finance
|
Tanzania
|
East Africa
|
Financial services
|
|
September 2023 |
Active |
|
Africa, Botswana, Burkina Faso, Cote d'Ivoire, Democratic Republic of Congo, Ghana, Kenya, Mali, Mauritius, Nigeria, Senegal, Tanzania, Tunisia, Zambia
|
Africa
|
Education, Financial services
|
Active |
Sawari Ventures North Africa Fund I Cooperatief U.A.
Sawari Ventures is venture capital fund manager based in Cairo,investing in knowledge and innovation-based technology companies across North Africa.
- Website:
- https://sawariventures.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$12m |
North Africa
|
Education, Financial services, Health, Manufacturing, Technology and telecoms
|
November 2018 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
ADVA – First Systems for Integrated Applications
|
Egypt
|
North Africa
|
Technology and telecoms
|
|
April 2022 |
Active |
Almentor Holdings
|
Egypt
|
North Africa
|
Education
|
|
December 2019 |
Active |
Axis Pay BV
|
Egypt
|
North Africa
|
Financial services
|
|
July 2021 |
Active |
Blnk B.V.
|
Egypt
|
North Africa
|
Financial services
|
|
February 2022 |
Active |
Brantu
|
Egypt
|
North Africa
|
Technology and telecoms
|
|
June 2020 |
Active |
Docspert Health Limited
|
Egypt
|
North Africa
|
Health
|
|
December 2022 |
Active |
Elves
|
Egypt
|
North Africa
|
Technology and telecoms
|
|
February 2020 |
Active |
Empoweromics
|
Egypt
|
North Africa
|
Technology and telecoms
|
|
March 2021 |
Exited |
Expandcart
|
Egypt
|
North Africa
|
Technology and telecoms
|
|
September 2020 |
Active |
Fatura
|
Egypt
|
North Africa
|
Technology and telecoms
|
|
November 2020 |
Exited |
Flat6Labs Cairo (FAC)
|
Egypt
|
North Africa
|
Financial services
|
|
November 2020 |
Active |
Flat6Labs Tunis (Anava)
|
Tunisia
|
North Africa
|
Financial services
|
|
November 2020 |
Active |
Fulfillment Bridge
|
Tunisia
|
North Africa
|
Technology and telecoms
|
|
November 2021 |
Active |
GoodsMart
|
Egypt
|
North Africa
|
Technology and telecoms
|
|
May 2020 |
Active |
Kashier Payments Holding
|
Egypt
|
North Africa
|
Financial services
|
|
November 2021 |
Active |
MoneyFellows
|
Egypt
|
North Africa
|
Financial services
|
|
February 2020 |
Active |
Pearl Semiconductors
|
Egypt
|
North Africa
|
Technology and telecoms
|
|
May 2021 |
Active |
Proteinea Inc.
|
Egypt
|
North Africa
|
Health
|
|
April 2022 |
Active |
SiWare/Neospectra
|
Egypt
|
North Africa
|
Health
|
|
September 2020 |
Active |
Smart Transport Services and Applications
|
Egypt
|
North Africa
|
Manufacturing
|
|
March 2019 |
Active |
|
Egypt, Tunisia
|
North Africa
|
Education, Financial services, Health, Technology and telecoms
|
Active |
SCB Funded Risk Participation – Sierra Leone
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$16.5m |
Africa
|
Business and consumer services, Food and agriculture, Infrastructure, Manufacturing
|
October 2018 |
Exited |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Afrigas
|
Sierra Leone
|
West Africa
|
Infrastructure
|
|
January 2018 |
Exited |
Automotive Supplies
|
Sierra Leone
|
West Africa
|
Business and consumer services
|
|
January 2018 |
Exited |
Benco Trading
|
Sierra Leone
|
West Africa
|
Manufacturing
|
|
January 2018 |
Exited |
BSB International
|
Sierra Leone
|
West Africa
|
Business and consumer services
|
|
January 2018 |
Exited |
Commodities Trading Company
|
Sierra Leone
|
West Africa
|
Business and consumer services
|
|
January 2018 |
Exited |
Concord Store
|
Sierra Leone
|
West Africa
|
Manufacturing
|
|
January 2018 |
Exited |
Fawaz Building Materials
|
Sierra Leone
|
West Africa
|
Manufacturing
|
|
January 2018 |
Exited |
G Shankerdas and Sons
|
Sierra Leone
|
West Africa
|
Food and agriculture
|
|
January 2018 |
Exited |
Lintel Sierra Leone Limited
|
Sierra Leone
|
West Africa
|
Manufacturing
|
|
March 2016 |
Exited |
Mackie Building Materials
|
Sierra Leone
|
West Africa
|
Manufacturing
|
|
January 2018 |
Exited |
Merani and Sons
|
Sierra Leone
|
West Africa
|
Business and consumer services
|
|
January 2018 |
Exited |
Milla Group
|
Sierra Leone
|
West Africa
|
Manufacturing
|
|
January 2018 |
Exited |
Saad Group
|
Sierra Leone
|
West Africa
|
Business and consumer services
|
|
January 2018 |
Exited |
Selina Enterprise
|
Sierra Leone
|
West Africa
|
Manufacturing
|
|
January 2018 |
Exited |
Sierra Leone Cement Corporation Limited
|
Sierra Leone
|
West Africa
|
Business and consumer services
|
|
December 2016 |
Exited |
|
Sierra Leone
|
Africa
|
Business and consumer services, Food and agriculture, Infrastructure, Manufacturing
|
Exited |
SCB Funded Risk Participation – Zimbabwe
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$27m |
Southern Africa
|
|
October 2018 |
Exited |
|
|
Southern Africa
|
|
Exited |
SDG Outcomes Fund
SDG Outcomes Fund is the first fund of its kind dedicated to to development and social outcomes partnerships (a model sometimes called “development impact bonds”) in low- and middle-income countries globally including Africa and South Asia.
- Website:
- https://bridgesoutcomespartnerships.org/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$10m |
Rest of the World
|
Education, Health, Infrastructure
|
March 2023 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
ASRH Kenya DIB
|
Kenya
|
East Africa
|
Health
|
|
September 2023 |
Active |
Cambodia Revenue Finance Facility
|
Cambodia
|
Rest of the World
|
Infrastructure
|
|
March 2024 |
Active |
India LiftEd
|
India
|
South Asia
|
Education
|
|
March 2024 |
Active |
Istanbul Kodluyoruz Youth ICT Employment Social Impact Bond
|
Turkey
|
Rest of the World
|
Education
|
|
March 2024 |
Active |
|
Cambodia, India, Kenya, Turkey
|
Rest of the World
|
Education, Health, Infrastructure
|
Active |
SEAF Caribbean SME Growth Fund
The SEAF Caribbean SME Growth Fund is a generalist fund that invests growth capital in small and medium-sized enterprises throughout the English-speaking countries of the Caribbean Common Market (CARICOM).
- Website:
- https://www.seaf.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$10m |
Rest of the World
|
Business and consumer services, Construction and real estate, Financial services, Food and agriculture, Infrastructure
|
November 2022 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
CAMEX Restaurants Inc (CRI)
|
Guyana
|
Rest of the World
|
Business and consumer services
|
|
December 2022 |
Active |
Caribbean Energy Finance Company Limited (CEFCL)
|
Jamaica
|
Rest of the World
|
Financial services
|
|
December 2022 |
Active |
German Ship Repair Jamaica (GSRJ)
|
Jamaica
|
Rest of the World
|
Construction and real estate
|
|
February 2023 |
Active |
Royal Treats
|
Caribbean
|
Rest of the World
|
Food and agriculture
|
|
November 2023 |
Active |
Stages Group Inc.
|
Trinidad and Tobago
|
Rest of the World
|
Construction and real estate
|
|
December 2022 |
Active |
Sunco Caribbean
|
Caribbean, St Lucia
|
Rest of the World
|
Infrastructure
|
|
September 2023 |
Active |
|
Caribbean, Guyana, Jamaica, St Lucia, Trinidad and Tobago
|
Rest of the World
|
Construction and real estate, Financial services, Food and agriculture, Infrastructure
|
Active |
SGI Ethiopia Growth and Transformation Fund
The Schulze Global Ethiopia Growth and Transformation Fund I, (Ethiopia fund) was launched in 2012 to focus on small and medium-sized enterprises (SMEs) in Ethiopia.
It is the first private equity SME fund focused on the country and is managed from Addis Ababa by an experienced team. The fund will explore various sectors including agri-processing, manufacturing, education and healthcare.
- Website:
- http://sgifrontier.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$15m |
East Africa
|
Education, Food and agriculture, Health, Manufacturing
|
January 2013 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Afri Flowers Holding B.V. (Afriflora)/Flamingo Horticulture Ltd (Flamingo)
|
Ethiopia
|
East Africa
|
Food and agriculture
|
|
August 2018 |
Active |
Family Milk
|
Ethiopia
|
East Africa
|
Food and agriculture
|
|
January 2016 |
Active |
Flipper Kindergarten Plc
|
Ethiopia
|
East Africa
|
Education
|
|
February 2013 |
Exited |
Jalannera Coffee Export & Coffee Farm Plc
|
Ethiopia
|
East Africa
|
Food and agriculture
|
|
February 2013 |
Active |
Kaliti Food Share Company
|
Ethiopia
|
East Africa
|
Food and agriculture
|
|
December 2013 |
Active |
National Cement Share Company
|
Ethiopia
|
East Africa
|
Manufacturing
|
|
February 2013 |
Exited |
Origin Water
|
Ethiopia
|
East Africa
|
Food and agriculture
|
|
May 2016 |
Active |
SA-Med Plc
|
Ethiopia
|
East Africa
|
Health
|
|
June 2014 |
Active |
|
Ethiopia
|
East Africa
|
Education, Food and agriculture, Health, Manufacturing
|
Active |
ShoreCap III
The ShoreCap III fund, which will be run from the firm’s offices in Abidjan, Johannesburg and Chicago, is targeting $150 million to expand access to financial services in sub-Saharan Africa.
Equator’s first two ShoreCap funds raised $108 million and invested in 25 financial institutions.
- Website:
- http://www.equatorcap.net/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$20m |
Africa
|
Financial services
|
December 2017 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Credit Bank
|
Kenya
|
East Africa
|
Financial services
|
|
December 2021 |
Active |
I&M Bank Ltd.
|
Kenya
|
East Africa
|
Financial services
|
|
December 2022 |
Active |
MFS Africa Limited
|
South Africa
|
Southern Africa
|
Financial services
|
|
December 2018 |
Active |
|
Kenya, South Africa
|
Africa
|
Financial services
|
Active |
Solon Capital Holdings
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$20m |
Africa
|
Business and consumer services, Construction and real estate, Education, Financial services, Infrastructure, Technology and telecoms
|
June 2017 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Adesha Limited
|
Sierra Leone
|
West Africa
|
Financial services
|
|
June 2018 |
Active |
Rising International Education and Learning Limited
|
Sierra Leone
|
West Africa
|
Education
|
|
September 2017 |
Active |
Solon Property Partners (Mauritius) Limited
|
Sierra Leone
|
West Africa
|
Construction and real estate
|
|
December 2017 |
Active |
Solon TNS (Mauritius) Limited
|
Sierra Leone
|
West Africa
|
Technology and telecoms
|
|
September 2017 |
Active |
Solon Transportation Company Limited
|
Sierra Leone
|
West Africa
|
Infrastructure
|
|
September 2017 |
Active |
West Africa Blue
|
Sierra Leone
|
West Africa
|
Business and consumer services
|
|
September 2023 |
Active |
|
Sierra Leone
|
Africa
|
Business and consumer services, Construction and real estate, Education, Financial services, Infrastructure, Technology and telecoms
|
Active |
South Asia Growth Fund III, L.P.
Managed by GEF Capital Partners, is a climate focused fund. GEF III will pursue climate opportunities across three investment theses: (1) Climate change adaptation; (2) Mitigation and (3) Circular Economy in India (90%) and Southeast Asia (10%).
- Website:
- https://gefcapital.com/capital-partners/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$25m |
Asia, South Asia
|
Manufacturing
|
August 2023 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
South Asia Growth Fund III Holdings, L.P
|
India
|
South Asia
|
Manufacturing
|
|
June 2024 |
Active |
|
India
|
Asia, South Asia
|
Manufacturing
|
Active |
Southeast Asia Clean Energy Fund II
Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital, invests in clean energy projects and businesses in Southeast Asia. The Fund has raised USD 127 million in first close, backed by DFIs, philanthropic and private investors
- Website:
- https://www.seacef.org/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$13.5m |
Rest of the World
|
Business and consumer services, Infrastructure
|
December 2023 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Mober Technology Pte Inc
|
Philippines
|
Rest of the World
|
Business and consumer services
|
|
June 2024 |
Active |
Nami Solar Energy Joint Stock Company
|
Vietnam
|
Rest of the World
|
Infrastructure
|
|
June 2024 |
Active |
PT Investasi Hijau Selaras (Hijau)
|
Indonesia
|
Rest of the World
|
Infrastructure
|
|
June 2024 |
Active |
Upgrade Energy Philippines, Inc
|
Philippines
|
Rest of the World
|
Infrastructure
|
|
December 2024 |
Active |
Xurya Pte. Ltd
|
Indonesia
|
Rest of the World
|
Infrastructure
|
|
September 2024 |
Active |
|
Indonesia, Philippines, Vietnam
|
Rest of the World
|
Business and consumer services, Infrastructure
|
Active |
SPE Capital Africa Industrialisation Fund
This fund focusses mainly on industrialisation in North Africa. The fund will target manufacturing and sectors with strong industrialisation links such as logistics and healthcare, and will predominantly invest in Tunisia, Morocco and Egypt.
- Website:
- https://www.spe-capital.com/our-funds
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$25m |
Africa
|
Business and consumer services, Education, Financial services, Food and agriculture, Health, Infrastructure, Manufacturing, Technology and telecoms
|
February 2019 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Ademat
|
Cote d'Ivoire
|
West Africa
|
Infrastructure
|
Fossil Fuel |
April 2021 |
Active |
Future Pharmaceuticals Industries
|
Egypt
|
North Africa
|
Health
|
|
July 2019 |
Active |
GlobalCorp Financial Services S.A.E. (Project Goldman)
|
Egypt
|
North Africa
|
Financial services
|
|
April 2022 |
Active |
H and S
|
Morocco
|
North Africa
|
Business and consumer services
|
|
September 2019 |
Active |
Holged Group
|
Morocco, Tunisia
|
North Africa
|
Education
|
|
March 2022 |
Active |
Holged Tunisie
|
Tunisia
|
North Africa
|
Education
|
|
July 2019 |
Active |
Outsourcia
|
Morocco
|
North Africa
|
Technology and telecoms
|
|
September 2022 |
Active |
Saham Pharma
|
Morocco
|
North Africa
|
Health
|
|
March 2020 |
Active |
Societe Vital SA
|
Tunisia
|
North Africa
|
Food and agriculture
|
|
December 2022 |
Active |
|
Cote d'Ivoire, Egypt, Morocco, Tunisia
|
Africa
|
Business and consumer services, Education, Financial services, Food and agriculture, Health, Infrastructure, Manufacturing, Technology and telecoms
|
Active |
Stellaris Venture Partners II
Stellaris Advisors LLP is venture capital firm that invests in early stage Indian technology companies that can help solve large problems for consumers and SMEs in India. This is their second fund.
- Website:
- https://www.stellarisvp.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$15m |
South Asia
|
Business and consumer services, Construction and real estate, Financial services, Health, Manufacturing, Technology and telecoms
|
September 2021 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
Arthvit 1809 Tech Private Limited (Rupicard)
|
India
|
South Asia
|
Manufacturing
|
|
December 2022 |
Active |
Beep Innovations Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
September 2021 |
Active |
Blubble Private Limited (Turno)
|
India
|
South Asia
|
Technology and telecoms
|
|
February 2022 |
Active |
CARPL.AI
|
India
|
South Asia
|
Health
|
|
November 2023 |
Active |
Circuit House Technologies
|
India
|
South Asia
|
Manufacturing
|
|
June 2024 |
Active |
Cirkla India
|
India
|
South Asia
|
Technology and telecoms
|
|
August 2023 |
Active |
Generative AI Innovations
|
India
|
South Asia
|
Technology and telecoms
|
|
April 2022 |
Active |
Gokiwi
|
India
|
South Asia
|
Financial services
|
|
December 2022 |
Active |
Inati Lifestyle Private Limited (Zbrand)
|
India
|
South Asia
|
Manufacturing
|
|
December 2024 |
Active |
Locofast Online Services Pvt Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
September 2021 |
Active |
Market Pulse Technologies
|
India
|
South Asia
|
Financial services
|
|
October 2023 |
Active |
NeoBrix Saas Solutions Private Limited
|
India
|
South Asia
|
Manufacturing
|
|
August 2022 |
Active |
New Leaf Retail Technologies Private Limited (Nestasia)
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2021 |
Active |
Porch Technologies Ltd (Truva)
|
India
|
South Asia
|
Construction and real estate
|
|
September 2024 |
Active |
RevenueHero, Inc.
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2024 |
Active |
Rigi
|
India
|
South Asia
|
Technology and telecoms
|
|
August 2021 |
Active |
Sea Turtle Pvt Ltd (Zouk)
|
India
|
South Asia
|
Business and consumer services
|
|
July 2021 |
Active |
Shortloop Technologies Private Ltd.
|
India
|
South Asia
|
Technology and telecoms
|
|
July 2023 |
Active |
Slashbit Inc (Factors.AI)
|
India
|
South Asia
|
Technology and telecoms
|
|
May 2022 |
Active |
Sunrise Investments
|
India
|
South Asia
|
Technology and telecoms
|
|
August 2021 |
Active |
Vonken Brandtech, Inc. (91Sqft)
|
India
|
South Asia
|
Technology and telecoms
|
|
September 2022 |
Active |
Wunderbaked Tech – Hypto
|
India
|
South Asia
|
Technology and telecoms
|
|
June 2021 |
Exited |
|
India
|
South Asia
|
Business and consumer services, Construction and real estate, Financial services, Health, Manufacturing, Technology and telecoms
|
Active |
Stellaris Venture Partners India I
Stellaris Venture Partners India I is a venture capital fund. It invests in early-stage companies solving India-specific problems at scale through
disruptive business models – thereby increasing market access for SMEs and/or offering affordable services to consumers.
- Website:
- https://www.stellarisvp.com/
Investments made by BII into this fund:
Investment name |
Commitment |
Region |
Sector |
Start date |
Status |
Investment 01
|
$10m |
South Asia
|
Business and consumer services, Education, Financial services, Health, Manufacturing, Technology and telecoms
|
October 2018 |
Active |
Investments made by this fund into companies:
Investment name |
Country |
Region |
Sector |
Energy Type |
Start date |
Status |
930 Technologies Pvt Ltd (Noticeboard)
|
India
|
South Asia
|
Technology and telecoms
|
|
June 2017 |
Exited |
Allround Development Ptd Ltd
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2020 |
Exited |
Bizcon Fintech Labs Private Limited (Credflow)
|
India
|
South Asia
|
Financial services
|
|
April 2021 |
Active |
Bluebear Technology Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
April 2019 |
Active |
Buyerassist Io Inc
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2021 |
Active |
Founder Network Investments
|
India
|
South Asia
|
Technology and telecoms
|
|
December 2020 |
Active |
Glance InMobi Pte. Ltd.
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2023 |
Active |
GTM Buddy
|
India, South Asia
|
Asia, South Asia
|
Technology and telecoms
|
|
March 2021 |
Active |
Honasa Consumers (Mama Earth)
|
India
|
South Asia
|
Manufacturing
|
|
August 2018 |
Active |
Incasable Technologies Private Limited (Swiflearn))
|
India
|
South Asia
|
Education
|
|
December 2019 |
Exited |
Lithius Energy Private Limited
|
India
|
South Asia
|
Business and consumer services
|
|
September 2019 |
Exited |
Loadshare Networks Private Limited
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2018 |
Active |
Novocura Tech Health Services Pvt Ltd (mFine)
|
India
|
South Asia
|
Technology and telecoms
|
|
August 2017 |
Exited |
O(1) India Pvt Ltd (Shop 101)
|
India
|
South Asia
|
Technology and telecoms
|
|
June 2018 |
Exited |
Plus Health Tech Ventures Limited (Ayu)
|
India
|
South Asia
|
Health
|
|
December 2019 |
Active |
Priharitam Technologies Pvt Ltd (Manch)
|
India
|
South Asia
|
Technology and telecoms
|
|
October 2018 |
Exited |
Quicko Technosoft Labs Pvt Ltd (Whatfix)
|
India
|
South Asia
|
Technology and telecoms
|
|
March 2017 |
Active |
Signzy Technologies Private Limited
|
India
|
South Asia
|
Financial services
|
|
November 2018 |
Active |
Slintel Inc
|
India
|
South Asia
|
Business and consumer services
|
|
November 2019 |
Active |
Techwider Technologies Pvt Ltd (Wydr)
|
India
|
South Asia
|
Technology and telecoms
|
|
February 2017 |
Exited |
Vogo Automotives
|
India
|
South Asia
|
Business and consumer services
|
|
July 2018 |
Active |
|
India
|
South Asia
|
Business and consumer services, Education, Financial services, Health, Manufacturing, Technology and telecoms
|
Active |