Archive · 16 Jun 2025
IFC Invests $60M in MO Alternates India Business Fund
The World Bank's IFC is giving $60 million to Motilal Oswal Alternates to invest in mid-sized Indian companies.
This fund will support businesses with the potential to grow, especially those expanding outside of major cities.
IFC will also invest in some of the same companies as the fund.
They'll help improve women's participation in the workforce.
The goal is to help these companies grow, create jobs, and support India's economic progress.
IFC invested $60 million in Motilal Oswal Alternates' India Business Excellence Fund VG.
The fund aims to support 12 to 16 mid-market companies with high growth potential.
IFC will co-invest up to an additional $60 million in future deals alongside the fund.
The fund's target size is $750 million, with a $150 million green-shoe option.
IFC will help the fund manager improve women’s participation in the workforce.
- Who
- International Finance Corporation (IFC) and Motilal Oswal Alternates (MO Alternates)
- What
- IFC invested $60 million in Motilal Oswal Alternates's India Business Excellence Fund VG.
- When
- Published on June 16, 2025
- Where
- India
- Why
- To boost job creation, promote inclusive and sustainable growth, and support India’s transition to a higher middle-income country.
- Investor
- International Finance Corporation (IFC)
- Recipient
- Motilal Oswal Alternates
- Investment Amount
- $60 million
- Fund Size
- $750 million (with $150 million greenshoe option)
- Fund Focus
- Mid-market companies
- Co-investment
- Additional $60 million
- Prior Investments
- $25 million in its second and $35 million in its fourth fund
