 "Photo: iStock")
International Finance Corporation (IFC) is planning to invest around $20 million in Endiya Partners Fund and Zodius Capital-backed Onsitego.
In Endiya Partners Fund II, the World Bank's investment arm will invest an equity investment of upto $10 million.
Endiya Partners Fund II is an India domiciled Category II Alternate Investment Fund (AIF). The fund focuses primarily on seed and pre-Series A investments in Indian technology and technology-enabled companies across healthcare, enterprise technology solutions and consumer services sectors.
The fund will invest in companies with disruptive business models that bring innovative solutions to market, and drive economic growth while also expanding
