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

Regional Head Africa Venture Capital

Andi Dervishi

Chief Investment Officer and Global Head, Fintech

Makhtar Diop

Managing Director

Imad N. Fakhoury

IFC Regional Director South Asia

Allen Forlemu

Regional Industry Director, Financial Institutions Group, Asia and Pacific

Alfonso Garcia Mora

Regional Vice President for Europe, Latin America and the Caribbean

Mohamed Gouled

Vice President, Industries

Cheryl Hanway

Director

Saadia Khairi

Vice President and Chief Risk Officer

Dahlia Khalifa

Regional Director of Central Africa, Liberia, Nigeria and Sierra Leone

Rosy Khanna

Regional Industry Director for Financial Institutions in Asia-Pacific

Vivek Pathak

Director and Global Head of Climate Business

Mary Porter Peschka

Director

Sergio Pimenta

Regional Vice President, Africa

Facundo Sanchez Freytes

Investment Officer

Leila Search

Senior Investment Officer and Program Officer

Oumar Seydi

IFC Regional Director, Africa

Sarvesh Suri

Regional Industry Director, Infrastructure and Natural Resources

Paulo De Bolle

Director, Special Situations

Stephanie Friedeburg

Vice President, Corporate Strategy and Resources

Past deals in Industrial Machinery

JK Tyre & Industries

Post in 2025
JK Tyre & Industries is a prominent tyre manufacturer based in India, specializing in the development, production, marketing, and distribution of a wide range of automotive tyres and related products. The company offers an extensive portfolio that includes truck and bus radial and bias tyres, passenger car radials, and tyres for two- and three-wheelers, light commercial vehicles, and specialty applications such as racing and military. Additionally, JK Tyre produces off-highway tyres for industrial and agricultural use. Operating in India, Mexico, and other international markets, the company generates the majority of its revenue from its domestic operations, leveraging well-known brands such as JK Tyre, Vikrant, and Tornel.

Vesta Mexico

Post in 2024
Vesta Mexico develops and operates industrial infrastructure. The company designs and construct park-to-suit projects across various industries, such as aerospace, food and beverage, logistics, electronics, automotive, renewable energy, and medical equipment.

Valency International

Debt Financing in 2024
Valency International is a global commodities trading company, specializing in the sale and purchase of a wide array of products, including agriculture, fertilizer, industrial, and other commodities. It serves diverse industrial sectors by facilitating the trade of steel, iron ore, fertilizers, raw nuts, timber chemicals, and agricultural products, aiming to provide clients with affordable and reasonable pricing.

Gunung Raja Paksi

Post in 2024
PT Gunung Raja Paksi manufactures beams and steel sheets. That product includes steel bars, wire mesh, spiral pipe, ERW pipe, cold rolled coil, hot rolled coil, steel plate, and coil plate. They also offer plate, steel, forming, and coil service centers.

Indorama Fertilizers

Debt Financing in 2024
Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe

Boston Metal

Series C in 2023
Boston Metal is a metallurgy company specializing in reducing the carbon footprint of steel production. It offers industrial-scale solutions using its Molten Oxide Electrolysis (MOE) process, enabling greener and more efficient metal production.

JK Tyre & Industries

Post in 2023
JK Tyre & Industries is a prominent tyre manufacturer based in India, specializing in the development, production, marketing, and distribution of a wide range of automotive tyres and related products. The company offers an extensive portfolio that includes truck and bus radial and bias tyres, passenger car radials, and tyres for two- and three-wheelers, light commercial vehicles, and specialty applications such as racing and military. Additionally, JK Tyre produces off-highway tyres for industrial and agricultural use. Operating in India, Mexico, and other international markets, the company generates the majority of its revenue from its domestic operations, leveraging well-known brands such as JK Tyre, Vikrant, and Tornel.

İşbank

Post in 2022
İşbank was founded by Great Leader Mustafa Kemal Atatürk on the date of 26.08.1924. In the 91 years since its foundation, the Bank has made significant contributions to our country and taken various parts in their country’s development in many different fields, particularly in industry and trade. By the end of 2015, as the largest private bank in Turkey that has more than 25 thousand employees; around 1,400 local and overseas branches; the largest Bankamatik network in Turkey consisting of over 6,000 Bankamatiks; mobile banking, internet banking, telephone banking, and call center services, İşbank has provided its clients with access to banking services in the fastest way possible, and with the opportunity to choose, from a very wide range of financial products, the most convenient ones offered to them by the Bank and its affiliates.

Ramkrishna Forgings

Post in 2020
Ramkrishna Forgings Limited is an Indian manufacturer specializing in open and closed die forgings made from carbon and alloy steel, micro alloy steel, and stainless steel. Established in 1981 and headquartered in Kolkata, the company produces a diverse range of products, including crown wheels, crankshafts, connecting rods, and various components for the automotive and railway sectors. Their offerings also extend to critical safety items such as screw couplings and bolster suspensions. Ramkrishna Forgings serves both domestic and international markets, supplying to original equipment manufacturers (OEMs) like TATA Motors and Ashok Leyland, as well as global clients such as Meritor. With a focus on quality and state-of-the-art manufacturing facilities, the company caters to various industries, including mining, farm equipment, general engineering, and oil and gas.

Moglix

Series D in 2019
Moglix is an e-commerce platform specializing in the sale of industrial tools and equipment. The company operates an online marketplace that provides a wide range of industrial supplies, including maintenance, repair, and operations (MRO) products, safety equipment, electrical and lighting items, cleaning supplies, office supplies, and various tools. By combining online convenience with supply-chain efficiencies, Moglix facilitates connections between equipment manufacturers, resellers, and business buyers, allowing them to access essential industrial goods at competitive prices. This focus on enhancing the procurement process positions Moglix as a key player in the industrial supply sector.

Moglix

Series C in 2019
Moglix is an e-commerce platform specializing in the sale of industrial tools and equipment. The company operates an online marketplace that provides a wide range of industrial supplies, including maintenance, repair, and operations (MRO) products, safety equipment, electrical and lighting items, cleaning supplies, office supplies, and various tools. By combining online convenience with supply-chain efficiencies, Moglix facilitates connections between equipment manufacturers, resellers, and business buyers, allowing them to access essential industrial goods at competitive prices. This focus on enhancing the procurement process positions Moglix as a key player in the industrial supply sector.

Craftsman Automation

Venture Round in 2018
Craftsman Automation Limited is an engineering company based in Coimbatore, India, specializing in the design, development, and manufacture of precision components. The company operates across three primary segments: automotive powertrain products, automotive aluminum products, and industrial and engineering products. Its automotive offerings include engine components such as cylinder blocks, transmission parts, and turbochargers, alongside aluminum parts like crankcases and wheel hubs. In the industrial sector, Craftsman Automation produces gearboxes, material handling solutions, and precision-engineered machinery. The company's clientele includes notable firms such as General Electric, Daimler, and Tata Motors. With manufacturing facilities located in various cities including Pune, Chennai, and Bangalore, Craftsman Automation primarily serves the domestic market while also exporting its products. Founded in 1986, the company has established a reputation for delivering high-quality, complex precision-engineered components to a diverse range of industries, including automotive and industrial sectors.

Vicentin S.A.I.C.

Debt Financing in 2018
Vicentin S.A.I.C., through its subsidiaries, operates as an agroindustrial company that manufactures and exports cereals and oilseeds.

Moglix

Series B in 2017
Moglix is an e-commerce platform specializing in the sale of industrial tools and equipment. The company operates an online marketplace that provides a wide range of industrial supplies, including maintenance, repair, and operations (MRO) products, safety equipment, electrical and lighting items, cleaning supplies, office supplies, and various tools. By combining online convenience with supply-chain efficiencies, Moglix facilitates connections between equipment manufacturers, resellers, and business buyers, allowing them to access essential industrial goods at competitive prices. This focus on enhancing the procurement process positions Moglix as a key player in the industrial supply sector.

Vicentin S.A.I.C.

Debt Financing in 2015
Vicentin S.A.I.C., through its subsidiaries, operates as an agroindustrial company that manufactures and exports cereals and oilseeds.

Ioxus

Series A in 2014
Ioxus Inc is a manufacturer of ultra-capacitors and energy storage systems, primarily serving the transportation, alternative energy, medical, industrial, and consumer product markets. Founded in 2006 and based in Oneonta, New York, Ioxus specializes in innovative ultracapacitor technologies that deliver high performance with low resistance. Their product offerings include various cells and modules designed for applications such as windmill pitch control, automotive subsystems, backup power solutions, and hybrid energy storage systems. Ioxus operates both domestically and internationally, selling its products through a network of distributors. The company is recognized for providing cost-effective and environmentally friendly energy solutions, particularly for military and transportation sectors. As a subsidiary of XS Power Batteries, Ioxus continues to advance its mission of delivering premium performance energy storage products optimized for high power applications.

Aqualyng

Venture Round in 2012
Aqualyng is a prominent provider of comprehensive solutions for the water industry, specializing in desalination, wastewater treatment, and water management services. The company offers advanced technologies, including reverse osmosis desalination, to meet the water supply needs of various sectors such as mining, power generation, municipal services, food and beverage, as well as semiconductor and heavy industries. Aqualyng's portfolio includes products and services for zero liquid discharge (ZLD) and sewage treatment plants (STP), along with components for a diverse range of water applications. By delivering efficient water management solutions, Aqualyng helps organizations optimize their operations while minimizing lifecycle costs.

Bhagyanagar Gas

Private Equity Round in 2010
Bhagyanagar Gas is a gas distribution company based in Andhra Pradesh, specializing in supplying energy solutions to various sectors, including domestic, commercial, and industrial markets. The company provides a range of products, including compressed biogas, compressed natural gas, and piped natural gas, aimed at meeting the diverse energy needs of its customers. Additionally, Bhagyanagar Gas focuses on technology development and promotes the use of eco-friendly appliances to support small-scale industries transitioning from conventional fuels. Their commitment to delivering sustainable energy solutions underscores their role in enhancing energy accessibility and efficiency within the region.
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