IDFC Alternatives

Aerem is a FinTech platform focused on clean technology, facilitating the adoption of rooftop solar systems for businesses and commercial enterprises. By leveraging a vast network of installers, Aerem helps organizations significantly reduce electricity costs, potentially by up to 70%. The platform not only assists in the implementation of high-quality solar installations but also provides access to quick and easy financing options through its in-house non-banking financial company or partner banks. Headquartered in Mumbai, Aerem aims to democratize clean energy adoption, contributing to a sustainable future while benefiting micro, small, and medium enterprises.

Citykart Retail Private Ltd, established in 2015 and based in New Delhi, India, operates a chain of apparel retail stores focused on providing affordable fashion for the entire family. The company is recognized for setting up modern stores in smaller towns and cities, offering a diverse range of products that includes clothing, accessories, footwear, toys, luggage, and home furnishings for men, women, and children. Citykart aims to create a welcoming shopping environment that combines traditional values with a contemporary outlook, emphasizing customer relationships and personalized service. By prioritizing customer satisfaction, Citykart seeks to deliver an enjoyable shopping experience that fosters a sense of community and connection with its clientele.

Zolo is a company based in Bangalore, Karnataka, India, that specializes in providing managed co-living spaces for students and young professionals. Established in 2015, Zolo aims to enhance the traditional options of paying guest accommodations, service apartments, and hostels by offering a range of living amenities, both basic and luxurious. Its fully furnished rooms come with essential services such as hygienic food, daily housekeeping, internet access, and security features. By delivering a hassle-free long-term living experience, Zolo addresses the needs of individuals relocating to new cities, enabling them to adapt quickly to their new environments.

The Leela Palaces, Hotels and Resorts are 5 star luxury and business hotels in India. The hotels are located in Bengaluru, Chennai, Goa, Gurgaon, Kovalam, Mumbai, New Delhi, and Udaipur. The Leela Palaces, Hotels and Resorts was founded in 1985 and headquartered in Mumbai, Maharashtra. It is owned and managed by Hotel Leelaventure Limited which was established in 1983 in Mumbai. The company is a part of The Leela Group whose portfolio includes hotel and resort properties; IT and business parks; as well as, real estate development.

Mytrah Energy Limited is an independent power producer based in Saint Peter Port, Guernsey, with operations primarily in India. The company generates electricity from renewable sources, specifically wind and solar power, with a capacity of 1,000.8 MW derived from 16 wind energy plants across eight states. Mytrah Energy (India) Private Limited, a subsidiary of Mytrah Energy Limited, focuses on selling power to state grids and directly to industrial consumers through short-term agreements. Established in 2009, Mytrah Energy has developed a strong portfolio of renewable energy projects, emphasizing sustainability and ethical business practices. The company aims to expand its renewable energy capacity and enhance its contributions to India’s energy landscape.

ASG Eye Hospitals is a chain of super-specialty eye hospitals operating in various cities across India, including regions in North and North East India, as well as states like Rajasthan, Uttar Pradesh, and Madhya Pradesh. Founded by ophthalmology experts from AIIMS, New Delhi, the hospital network focuses on delivering comprehensive diagnosis, treatment, and surgical services for a wide array of ocular conditions. ASG Eye Hospitals specializes in treatments for cataracts, diabetic retinopathy, glaucoma, macular degeneration, and eye tumors, utilizing advanced technology to enhance patient care. The organization employs highly skilled and trained professionals, ensuring that patients receive world-class surgical expertise and care tailored to their vision needs.

Ascend Telecom Infrastructure Pvt. Ltd., established in 2002, is a prominent independent provider of passive telecom infrastructure in India. Registered as an Infrastructure Provider (IP-I) with the Department of Telecommunication, the company specializes in the development of telecom tower sites and offers comprehensive infrastructure support for mobile and telecom operators. Ascend is notable for being the first Indian enterprise to implement a Build-Own-Lease model, allowing telecom companies to access high-quality, shared infrastructure tailored to their needs. This model facilitates efficient and flexible solutions for the mobile and wireless industries, enhancing their operational capabilities.

G R Infraprojects is an integrated road engineering, procurement, and construction company with experience in designing and construction activities and road/highway projects. It mainly undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road sector but also diversified into manufacturing activities of thermoplastic road-making paints, electric poles, road signages, and fabricating metal crash barriers.

ONGC Tripura Power Company Ltd. operates a 726.6 MW combined cycle gas turbine thermal power plant located in Palatana, Tripura. Established in 2004, the company aims to address the power supply deficit in the northeastern states of India by utilizing locally produced natural gas, which makes the operation economically viable. As a special purpose vehicle, it was created through a partnership between the Oil and Natural Gas Corporation, IL&FS Group, and the Government of Tripura. The plant plays a crucial role in ensuring a stable electricity supply to the region, supporting its energy needs and contributing to local development.

DB Power is an energy company that owns and operates coal power plants. The company's coal-based thermal plants are comsettingted to setting up facilities of coal-based electric power that will be fuelled by setting up greenfield projects. It was incorporated in 2006 and is headquartered in Mumbai, India.

National Commodity & Derivatives Exchange Limited (NCDEX) is a professionally managed on-line multi commodity exchange. The shareholders of NCDEX comprises of large national level institutions, large public sector bank and companies. NCDEX offers a bouquet of benefits, which are currently in short supply in the commodity markets. The shareholders of NCDEX are prominent players in their respective fields and bring with them institutional building experience, trust, nationwide reach, technology and risk management skills. NCDEX is a public limited company incorporated on April 23, 2003 under the Companies Act, 1956. It obtained its Certificate for Commencement of Business on May 9, 2003. It commenced its operations on December 15, 2003. Corporate Identity No. is U51909MH2003PLC140116.

MediBuddy is a digital healthcare platform designed to provide customers with convenient access to a variety of healthcare services, including online doctor consultations, lab tests, and medicine delivery. The platform enables patients to consult with specialist doctors via call or chat, share medical reports, and receive prescriptions, all within a short notice. MediBuddy's mission is to ensure that quality healthcare is accessible and affordable for everyone, anytime and anywhere. By leveraging technology, the company seeks to bridge the gap between patients and healthcare providers, making it easier for individuals to obtain necessary medical support at their convenience.

United Liner Shipping Services LLP operates as a shipping agency in India.

Seaways Group is a shipping company that provides freight forwarding, NVOCC, cargo logistics, offshore, and warehousing services.

Parag Milk Foods Limited is an Indian company that specializes in the processing, manufacturing, and sale of a diverse range of milk and dairy products. Established in 1992 and headquartered in Mumbai, it offers traditional dairy items such as ghee, paneer, curd, and butter under the Gowardhan brand, while also providing cheese and flavored milk products under the Go brand. Additionally, the company has launched "Pride of Cows," a premium farm-to-home milk brand, and the vegetarian whey protein brand "Avvatar." Parag Milk Foods serves both domestic and international markets, exporting products to countries including the United Arab Emirates, the United States, and several nations in Asia and Africa, though the majority of its sales revenue is generated within India.

Sahyadri Hospitals operates a network of specialty hospitals located in Pune, Nashik, Karad, and Navi Mumbai, India. Established in 1994 and based in Pune, the organization provides a comprehensive range of healthcare services, including primary, secondary, and tertiary care. Sahyadri Hospitals specializes in various medical fields such as neurosurgery, neurology, hematology, oncology, cardiology, critical care, general and plastic surgery, orthopedics, pediatrics, ENT, nephrology, and urology. With a total of eight hospitals housing 900 beds, the organization employs over 1,000 clinicians and 2,300 supporting staff, having significantly impacted the health of approximately 5 million individuals. Sahyadri Hospitals aims to deliver accessible and accountable healthcare to the community while maintaining high standards in specialized medical services.

ReGen Powertech is a leading manufacturer of wind turbine generators in India, focused on providing clean, green, and sustainable energy solutions. Since the establishment of its advanced manufacturing facility in Tada, Andhra Pradesh, the company has rapidly grown within the wind energy sector. ReGen Powertech specializes in multi-megawatt, gearless direct-drive turbines, and also offers solar inverters and hybrid inverters. In addition to manufacturing, the company provides comprehensive services that include wind research, power evacuation, project management, and consultancy, catering to the increasing demand for wind power in India and other regions.

StarAgri is focused on empowering farmers both small and large - so that they gain more from their harvests. The company helps farming communities protect their produce and reduce post harvest losses to increase food availability without placing additional burden on the environment. As agriculture moves up the global growth agenda, the company is addressing one of the planet most pressing challenges today - food security with depleting resources.

Green Infra is a privately held company produces and provides renewable energy power in India. It focuses on wind, solar, hydro, biomass, and energy efficiency verticals.

GVR Infra Projects Limited operates as a construction and infrastructure development company in India and Nepal.

G R Infraprojects is an integrated road engineering, procurement, and construction company with experience in designing and construction activities and road/highway projects. It mainly undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road sector but also diversified into manufacturing activities of thermoplastic road-making paints, electric poles, road signages, and fabricating metal crash barriers.

Wireless TT Info Services Ltd (WTTIL), a wholly-owned company of Tata Teleservices Ltd, is a leading provider of telecom infrastructure, systems, networks and services on a shared, multi-tenancy basis, with over 10,000 cell towers across India. WTTIL builds, operates and provides telecommunication infrastructure, equipment, systems, networks and services for transmission of voice and data communications. The company owns more than 10,000 cell sites and towers in India.

Sabarmati Gas Limited is a natural gas retailer and distributor based in Gandhinagar, India, founded in 2006. The company supplies piped natural gas to a diverse range of sectors, including domestic, industrial, commercial, and transportation. It provides compressed natural gas for vehicles through its network of outlets. Sabarmati Gas serves various industries such as ceramics, metals, dairy, glass, pharmaceuticals, plastics, food and beverages, chemicals, textiles, and crockery. The company is committed to maintaining a safe and efficient natural gas distribution system, ensuring reliable access to natural gas for its customers at competitive prices.

MNGL distributes oil and gas. They provide green fuel, compressed natural gas as an alternative to conventional auto fuels like gasoline and diesel, and safe, convenient, and reliable piped natural gas to their customers in the domestic, commercial, and industrial sectors.

Deepak Cables provides power transmission and distribution products.

Established in 1983 in New Delhi, Moser Baer India Ltd (MBIL) is one of India's leading technology companies. MBIL has successfully developed cutting edge technologies to become the world's second largest manufacturer of optical storage media. Moser Baer Solar Limited (MBSL) and Moser Baer Photo Voltaic Ltd (MBPV) are subsidiaries of MBIL involved in Solar business globally including India. Through both these companies Moser Baer serves customers across the solar value chain through world class products and services. In a short span of time since inception in 2005-2007 Moser Baer brand has taken a dominating position in Solar EPC Services and Solar PV modules in India and the world.

Vijayawada Tollway Private Limited constructs, develops, and operates highways.

SEForge is a manufacturer and supplier of fabricated metal products, specializing in forging and casting. The company produces a range of components, including rotor shafts, gearbox housings, planetary carriers, tower flanges, and bearings. With an in-house testing facility, SEForge ensures high precision in its offerings, which cater to various industries such as wind power, oil and gas, transportation, industrial machinery, mining, construction, defense, and aerospace.

Gayatri Highways Limited is involved in the construction, operation, and maintenance of infrastructure such as roads, highways, vehicle bridges, tunnels, and toll roads in India. Established in 2006 and headquartered in Hyderabad, the company serves as a subsidiary of Gayatri Projects Limited. Its operations focus on enhancing transportation infrastructure, contributing to the development of efficient road networks across the country.

Viom Networks operates and manages telecommunication towers for telecom service providers in India.

Jas Toll Road Company maintains and operates the toll road stretch of 32.5km between Neelmangala and Tumkur in the state of Karnataka, on the outskirts of Bangalore. This is an operational toll road on the National Highway that connects Bangalore to Pune.

KSK Power Venture is a power project development company listed on Alternate Investment Market (AIM) of the London Stock Exchange. KSK operates in India through its downstream subsidiary, KSK Energy Ventures Limited (KSKEVL) which is currently listed on the National Stock Exchange and Bombay Stock Exchange in India. KSK's operations in the Indian Power Sector are powered by the growth opportunities it realizes and capitalizes on.

Green Infra is a privately held company produces and provides renewable energy power in India. It focuses on wind, solar, hydro, biomass, and energy efficiency verticals.

Emergent Ventures India specializes in providing consulting and advisory services focused on climate change and clean energy solutions. Founded in 1999, the company began its advisory business in 2004, aiming to devise market-based solutions to environmental challenges. It has garnered a reputation for delivering tangible value and risk mitigation while actively participating in shaping international discussions on sustainable practices. EVI operates primarily through two divisions: the Climate Business, which focuses on carbon markets and environmental sustainability, and the Energy Business, dedicated to developing commercial-scale renewable energy projects. The firm collaborates with a range of stakeholders, including governments, corporations, development banks, and non-profit organizations, to implement technical solutions efficiently and cost-effectively. With a diverse team of over 120 professionals and offices in multiple cities across Asia, Europe, and the United States, Emergent Ventures India is committed to advancing its mission of integrating finance with low-carbon technology to combat climate change.

Vijayawada Tollway Private Limited constructs, develops, and operates highways.

Durg Shivnath Expressways owns, operates, constructs, and maintains roads and highways.

Established in 1983 in New Delhi, Moser Baer India Ltd (MBIL) is one of India's leading technology companies. MBIL has successfully developed cutting edge technologies to become the world's second largest manufacturer of optical storage media. Moser Baer Solar Limited (MBSL) and Moser Baer Photo Voltaic Ltd (MBPV) are subsidiaries of MBIL involved in Solar business globally including India. Through both these companies Moser Baer serves customers across the solar value chain through world class products and services. In a short span of time since inception in 2005-2007 Moser Baer brand has taken a dominating position in Solar EPC Services and Solar PV modules in India and the world.

PV Technologies India is manufactures thin-film solar cells.

CUGL is a petroleum and natural gas regulatory agency. They distribute natural gas to consumers in the domestic, commercial, and transport sectors through a network of pipelines. They provide both compressed and piped natural gas for use in gas processing, central air conditioning, and the production of electricity.

IRPPL is an urban development project, jointly promoted by Unitech and International Amusement. It holds two amusement parks in and around New Delhi and a mall called “The Great India Place”.

Manipal Group provides education and healthcare services in India and internationally through its subsidiaries. Manipal has been imparting world class education for over six decades. Manipal Acunova Pvt. Ltd. is a collaborative venture between the Manipal Education and Medical Group International India Pvt. Ltd. and AcuNova Ltd. They are also proud of their Stem Cell Research Programme. Manipal Healthcare manages 11 hospitals including 8 teaching hospitals, making it Asia’s largest healthcare management group. Manipal Cure & Care is a healthcare retail venture of Manipal group. Manipal cure and Care endeavors to establish Health & Wellness zones which focus on Wellness, Preventive, and Beauty. MNE Technologies Pvt. Ltd. is the only Asian group of company solely dedicated to providing integrated biomedical equipment maintenance and management and started its operations in India in the year 2000 following in-depth market analysis and customer surveys. The Manipal Foundation has been providing challenging global opportunities in Education & Healthcare to committed,talented and needy youth,besides preserving and promoting culture and traditions that make for a wholesome community. It fulfills this objective by offering Indian and International students a variety of scholarships and fellowships to pursue their ambitions in the fields of Education and Healthcare.

Delhi International Airport Limited operates and manages Indira Gandhi International Airport in New Delhi, India. Established in 2006, the company is a subsidiary of GMR Airports Limited. The airport serves both domestic and international carriers, providing a variety of services designed to enhance passenger experience. These services include flight status updates, passenger guidance, efficient baggage handling, and baggage delivery. Additionally, the airport features duty-free shopping, diverse dining options, and convenient transportation services such as cab services. Overall, Delhi Airport aims to create a comfortable and efficient environment for travelers.

Chalet Hotels Limited (CHL), are an owner, developer and asset manager of high-end hotels in key metro cities in India. Our hotel platform comprises five operating hotels, including a hotel with a co-located serviced residence, located in the Mumbai Metropolitan Region, Hyderabad and Bengaluru. CHL’s hotels are branded with globally recognized hospitality brands and are in the luxury-upper upscale and upscale hotel segments. The hotel platform emphasizes strategic locations, efficient design and development, appropriate positioning in hotel segments together with branding and operational tie-ups with leading hospitality companies. CHL uses its experience to actively manage the hotel assets to drive performance. In addition, CHL developed commercial and retail spaces, in close proximity to its existing hotels. CHL have developed hotels at strategic locations generally with high barriers-to-entry and in high density business districts. The Company generally develops its hotels on large land parcels, allowing them to situate a greater number of rooms, as well as provide a wide range of amenities, such as, fine dining and speciality restaurants, large banquet and outdoor spaces. CHL endeavor is to build hotels to superior standards targeting the luxuryupper upscale and upscale hotel segments at an efficient gross built up area and development cost per key.