IFC, HDFC AMC Tie Up to Boost Private Credit for Mid-Market Firms

05 Jan 2026 CW Team

Under the agreement, IFC will invest up to Rs 2.20 billion as the anchor investor in the fund, which seeks to address funding gaps faced by mid-sized companies where traditional financing options are limited. The initiative is expected to support job creation, innovation, and the scaling up of businesses across sectors, while strengthening India’s private credit ecosystem.

The fund has announced its first close, raising commitments of around Rs 12.90 billion from institutional investors, family offices and ultra-high-net-worth individuals. It is targeting a corpus of Rs 15 billion and plans to exercise part of a Rs 10-billion green-shoe option. The commitments include a sponsor contribution of up to 14 per cent of the fund corpus from HDFC AMC.

Focused on delivering mid-teen, risk-adjusted returns over a four-to-six-year horizon, the fund will invest in secured credit instruments on a diversified, sector-agnostic basis, excluding real estate. It has already committed Rs 3.80 BILLION across three deals spanning multiple sectors.

Navneet Munot, MD & CEO, HDFC AMC, said, “We thank all our investors for the confidence they have placed in us and are pleased to welcome IFC as a partner and the anchor investor in our first Structured Credit Fund… Through this fund, supported by our experienced investment team, our objective is to offer customised capital with clear risk controls and close engagement with management teams.”

Imad N Fakhoury, Regional Division Director for South Asia, IFC, said, “India’s mid-market corporate sector keeps the economy moving, creating jobs, and driving growth and regional development… This collaboration will help mobilize institutional capital and provide mid-market companies with the resources they need to thrive.”

The partnership comes amid strong economic fundamentals, with India’s private credit market projected to grow sharply over the next few years.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

International Finance Corporation (IFC) and HDFC Asset Management Company (HDFC AMC) have partnered to expand access to private credit for India’s mid-market enterprises through HDFC AMC’s Structured Credit Fund-I, a Category II alternative investment fund (AIF).Under the agreement, IFC will invest up to Rs 2.20 billion as the anchor investor in the fund, which seeks to address funding gaps faced by mid-sized companies where traditional financing options are limited. The initiative is expected to support job creation, innovation, and the scaling up of businesses across sectors, while strengthening India’s private credit ecosystem.The fund has announced its first close, raising commitments of around Rs 12.90 billion from institutional investors, family offices and ultra-high-net-worth individuals. It is targeting a corpus of Rs 15 billion and plans to exercise part of a Rs 10-billion green-shoe option. The commitments include a sponsor contribution of up to 14 per cent of the fund corpus from HDFC AMC.Focused on delivering mid-teen, risk-adjusted returns over a four-to-six-year horizon, the fund will invest in secured credit instruments on a diversified, sector-agnostic basis, excluding real estate. It has already committed Rs 3.80 BILLION across three deals spanning multiple sectors.Navneet Munot, MD & CEO, HDFC AMC, said, “We thank all our investors for the confidence they have placed in us and are pleased to welcome IFC as a partner and the anchor investor in our first Structured Credit Fund… Through this fund, supported by our experienced investment team, our objective is to offer customised capital with clear risk controls and close engagement with management teams.”Imad N Fakhoury, Regional Division Director for South Asia, IFC, said, “India’s mid-market corporate sector keeps the economy moving, creating jobs, and driving growth and regional development… This collaboration will help mobilize institutional capital and provide mid-market companies with the resources they need to thrive.”The partnership comes amid strong economic fundamentals, with India’s private credit market projected to grow sharply over the next few years.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..