| Log in

IFC’s Ruchira Shukla on entrepreneurial activity in India, attractive sectors and more

31 August, 2016

International Finance Corporation’s (IFC) venture capital arm will increasingly focus on supporting accelerators and incubators in India, buoyed by the country’s growing entrepreneurial activity, a senior executive said.

Besides, it will continue to broaden its focus on making direct investments in companies and coming as a limited partner in venture capital funds in India, Ruchira Shukla, who leads IFC’s regional VC activity in South Asia, said in an interview with VCCircle.

IFC’s venture arm expects healthcare, education and consumer Internet to continue to pull in significant capital in South Asia. It will also be open to making offbeat investments, albeit selectively. “Some of the new emerging tech areas like IoT, Artificial Intelligence and genomics will start seeing flow of money as people recognise that these will be areas where a lot of future growth resides,” she said.

Shukla also talked about investment opportunities and challenges in other South Asian countries including Bangladesh and Sri Lanka, and how India and China will continue to remain important markets for the World Bank’s private-sector investment arm.

Like this video? Sign up for our daily newsletter to get our top reports & videos.


Leave Your Comment
Infuse Capital Eyes First Close; IFC May Invest $5M

Infuse Capital Eyes First Close; IFC May Invest $5M

Madhav A Chanchani 6 years ago
International Finance Corporation (IFC) is looking to invest $5 million in...
Broadband services provider Tikona raises $45M from IFC, existing investors

Broadband services provider Tikona raises $45M from IFC, existing investors

Bhawna Gupta 3 years ago
Mumbai-based broadband services provider Tikona Digital Networks Pvt Ltd has...
Exclusive: IFC seeks to double VC portfolio in three years

Exclusive: IFC seeks to double VC portfolio in three years

Joseph Rai 1 year ago
International Finance Corp (IFC) aims to double the size of its global venture...
No Comments

IFC’s Ruchira Shukla on entrepreneurial activity in India, attractive sectors and more

Powered by WordPress.com VIP