Corporate Valuations - News IFC to invest $25 mn in LeapFrog’s third fund



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IFC to invest $25 mn in LeapFrog’s third fund


Date: 7-April-2017

Emerging markets impact investment firm LeapFrog Investments Ltd has received a commitment of $25 million (Rs 161 crore) from International Finance Corporation, the World Bank’s private-sector investment arm, for its third fund.LeapFrog’s portfolio investments have reached over 91 million people, of which over 74 million are low-income. The firm has made 18 investments with operations in 21 countries.The PE firm’s second fund raised $400 million. Its first fund mobilised $135 million.

 
 
 
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