CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much International Financial Corporation to Invest in Endiya Partners Fund II?
A
Rs. 50 Crore
B
Rs. 150 Crore
C
Rs. 90 Crore
D
Rs. 75 Crore
Explanation: 

Detailed explanation-1: -IFC has committed over $15 billion in India since its first investment in 1958. Investments are spread over 215 clients in India.

Detailed explanation-2: -In 2022, Better Capital made 50-plus new investments, 25 follow-on investments, and $30 million. The investment was split between pre-seed (65%) and seed (35%). Around 75% of the funding in 2022 had gone to B2B companies and the rest to B2C startups with an average cheque size range in the $250, 000 to $500, 000 range.

Detailed explanation-3: -The IFC invests in businesses’ equity either directly or via private-equity funds, generally from five up to twenty percent of a company’s total equity. IFC’s private-equity portfolio currently stands at roughly $3.0 billion committed to about 180 funds.

Detailed explanation-4: -Endiya Partners is a Venture Capital Firm based out of Hyderabad.

There is 1 question to complete.