International Finance Corporation

The International Finance Corporation (IFC), established in 1956, is a member of the World Bank Group dedicated to fostering private sector development in emerging markets. It provides financial services, including loans and equity investments, ranging from $1 million to $100 million, with a focus on projects that drive economic growth and social impact. IFC invests across various sectors such as infrastructure, agriculture, manufacturing, healthcare, education, technology, and financial services.

Wale Ayeni

Acting Global Head, Disruptive Technologies and Venture Capital Investments

Ali Ufuk Demirci

Global Head, Venture Capital Funds

Andi Dervishi

Chief Investment Officer and Global Head, Fintech

Patrick Doyle

Senior Investment Officer

Allen Forlemu

Regional Industry Director, Financial Institutions Group, Asia and Pacific

Past deals in CIS

Ameriabank

Debt Financing in 2025
Ameriabank is a prominent financial institution in Armenia that plays a vital role in the country's economy. As a dynamic universal bank, it offers a comprehensive range of banking services, including corporate, investment, and retail banking. Ameriabank is distinguished by its innovative approach, utilizing an omnichannel distribution platform that emphasizes digital banking products and ecosystems. The bank prioritizes a customer-centric model, enhancing service quality and the overall banking experience in a rapidly evolving digital landscape. Additionally, Ameriabank is dedicated to responsible business practices and actively supports Armenia's transition toward a sustainable future.

Ronesans Holding

Debt Financing in 2024
Ronesans Holding AS is a diversified company based in Ankara, Turkey, that specializes in construction, real estate development, energy, and health infrastructure activities. Founded in 1993, the company undertakes a wide range of projects, including shopping malls, offices, hotels, residential buildings, heavy industry plants, and various infrastructure projects such as railroad tunnels and bridges. Ronesans Holding is also involved in land development and investment activities. In the energy sector, the company operates ten hydroelectric power plants and engages in electricity trading. Its operations extend beyond Turkey, with a presence in multiple countries including Russia, Turkmenistan, Kazakhstan, and several others across Europe, Africa, and Asia.

TBC Bank Uzbekistan

Funding Round in 2024
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

Coca-Cola Icecek

Post in 2024
Coca Cola Icecek is the fifth-largest bottler in the Coca-Cola System, specializing in the production, distribution, and sale of both sparkling and still beverages. Operating across Turkey, Pakistan, Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan, Jordan, Iraq, Syria, and Tajikistan, the company serves a consumer base of approximately 380 million people from its 25 production facilities. CCI's product portfolio features a variety of beverages, including Coca-Cola, Fanta, Sprite, Cappy, Powerade, and Fuse, along with juices, waters, sports and energy drinks, teas, and iced teas. The company also holds exclusive distribution rights for the Schweppes brand in Turkey. Revenue is evenly distributed between domestic and international sales, with Anadolu Efes Biracilik ve Malt Sanayi as the controlling shareholder. CCI employs over 10,000 people, reflecting its significant presence in the beverage market.

TBC Bank Uzbekistan

Venture Round in 2023
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

TBC Bank Uzbekistan

Venture Round in 2022
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

TBC Bank Uzbekistan

Venture Round in 2021
TBC Bank Uzbekistan is a subsidiary focused on delivering innovative digital banking solutions in Uzbekistan. It aims to offer a wide range of financial products and services, easily accessible through digital channels.

Yandex

Post in 2013
Yandex is a Russian internet company that operates the largest search engine in Russia. It provides swift search results and other standard services, including transportation services, navigation products, and mobile applications powered by machine learning.
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