US govt’s finance corp to invest $54 mn in India's infra fund

27 Dec 2020 Editorial Team

DFC, a part of the US government established in 2019 through the passage of Trump’s Better Utilization of Investments Leading to Development (BUILD) Act, said the equity supports Covid-19 pandemic-affected development. The financing fulfils government-owned NIIF’s final round of fundraising for the fund.
”DFC’s investment will support the growth and development of a key partner in the Indo-Pacific and allow DFC to facilitate investment in strategic infrastructure projects throughout India,” DFC Chief Executive Officer Adam Boehler said. “DFC brings its commitment to high standards in all of our projects, and we are excited to establish this partnership with NIIF.”
“We are pleased to announce that NIIF has completed fundraising for its Master Fund,” said NIIF Chief Executive Officer Sujoy Bose. “We are excited at all that DFC brings to the table, including its high standards such as the Blue Dot Network and commitment to best practices with respect to transparency and management of environmental and social risks.”
NIIF will work to mobilize capital to support the beleaguered economic growth in India, especially impacted by the coronavirus pandemic, and address critical development challenges in the country.
DFC’s investment will help NIIF invest in infrastructure projects that are important for the long term sustainable growth of the Indian economy, supporting development and US foreign policy. Recently, DFC had announced a $15 million equity investment to help Freshtohome Foods Ltd expand its Bangalore, India-based e-commerce business that sells fresh fish, meat, and vegetables in major metropolitan cities in India. DFC also financed Rs 350 million ($4.76 million) to a local mortgage lender Aviom, which has created employment opportunities for thousands of women in India.

The finance corporation partners with the private sector and invests across sectors including energy, healthcare, critical infrastructure, and technology, and provides financing for small businesses and women entrepreneurs with the aim to create jobs in emerging markets.

Also read: Equity infusion worth Rs 6,000 crore into NIIF on cards

US International Development Finance Corporation (DFC) recently announced that it will invest $54 million in equity for India’s National Investment and Infrastructure Fund (NIIF). The new equity is being pumped in to support development of critical infrastructure projects in India. DFC, a part of the US government established in 2019 through the passage of Trump’s Better Utilization of Investments Leading to Development (BUILD) Act, said the equity supports Covid-19 pandemic-affected development. The financing fulfils government-owned NIIF’s final round of fundraising for the fund. ”DFC’s investment will support the growth and development of a key partner in the Indo-Pacific and allow DFC to facilitate investment in strategic infrastructure projects throughout India,” DFC Chief Executive Officer Adam Boehler said. “DFC brings its commitment to high standards in all of our projects, and we are excited to establish this partnership with NIIF.” “We are pleased to announce that NIIF has completed fundraising for its Master Fund,” said NIIF Chief Executive Officer Sujoy Bose. “We are excited at all that DFC brings to the table, including its high standards such as the Blue Dot Network and commitment to best practices with respect to transparency and management of environmental and social risks.” NIIF will work to mobilize capital to support the beleaguered economic growth in India, especially impacted by the coronavirus pandemic, and address critical development challenges in the country. DFC’s investment will help NIIF invest in infrastructure projects that are important for the long term sustainable growth of the Indian economy, supporting development and US foreign policy. Recently, DFC had announced a $15 million equity investment to help Freshtohome Foods Ltd expand its Bangalore, India-based e-commerce business that sells fresh fish, meat, and vegetables in major metropolitan cities in India. DFC also financed Rs 350 million ($4.76 million) to a local mortgage lender Aviom, which has created employment opportunities for thousands of women in India. The finance corporation partners with the private sector and invests across sectors including energy, healthcare, critical infrastructure, and technology, and provides financing for small businesses and women entrepreneurs with the aim to create jobs in emerging markets.Also read: Equity infusion worth Rs 6,000 crore into NIIF on cards

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Real Estate

04 Jun 2026

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..