International Finance Corporation

International Finance Corporation (IFC), established in 1956 and headquartered in Washington, D.C., is a member of the World Bank Group dedicated to private sector development in developing countries. The organization provides a range of financial and advisory services to foster economic growth across various sectors, including agriculture, infrastructure, manufacturing, healthcare, education, and technology. IFC invests in both direct projects and funds, focusing on emerging markets and prioritizing sustainability and inclusive development. It offers a diverse array of financial instruments, such as equity, loans, and quasi-equity products, while adhering to strict investment guidelines that exclude certain industries, such as weapons, tobacco, and gambling. IFC typically invests between $1 million and $100 million, supporting projects that are predominantly privately owned in member countries. The organization does not actively manage portfolio companies but seeks to exit investments through equity sales or public listings, often maintaining equity stakes for eight to fifteen years.

Wale Ayeni

Regional Head Africa Venture Capital

Paulo De Bolle

Director, Special Situations

Ali Demirci

Global Head, Venture Capital Funds

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

Stephanie Friedeburg

Vice President, Corporate Strategy and Resources

Mohamed Gouled

Vice President, Industries

Cheryl Hanway

Director

Saadia Khairi

Chief Risk Officer and Vice President

Rosy Khanna

Regional Industry Director for Financial Institutions in Asia-Pacific

Alfonso Garcia Mora

Regional Vice President for Europe, Latin America and the Caribbean

Vivek Pathak

Director and Global Head of Climate Business

Mary Peschka

Regional Director for Eastern Africa

Sergio Pimenta

Regional Vice President, Africa

Oumar Seydi

IFC Regional Director, Africa

Sarvesh Suri

Regional Industry Director, Infrastructure and Natural Resources

Dahlia Khalifa

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

Past deals in Sri Lanka

John Keells Holdings

Debt Financing in 2020
John Keells Group is a prominent diversified company based in Colombo, Sri Lanka, with operations spanning multiple sectors including transportation, consumer foods, retail, leisure, property, and financial services. The transportation segment leads in ports, shipping, and logistics, providing comprehensive services such as warehousing and freight forwarding. In consumer foods, the company offers a variety of products under well-known brands, including soft drinks, dairy, and processed meats. The retail segment operates a chain of supermarkets and distributes various office automation equipment. The leisure division manages luxury hotels and resorts, while the property segment focuses on developing and managing residential and commercial real estate. Additionally, the financial services segment encompasses insurance, commercial banking, and stock broking, with significant contributions from associated entities. Established in 1870, John Keells Group remains a key player in the Sri Lankan economy, generating most of its revenue domestically but also maintaining a presence in Asia and Europe.

PickMe

Venture Round in 2018
As the market leader and Sri Lanka's most successful start-up business in recent times, they envision the intelligent upgrade of the local transportation industry; consequently inspiring Sri Lanka towards matching global standards in effective problem solving via technology. PickMe is the proud product of this vision, instilled by their leadership that comprises the enterprisingly youthful and highly accomplished, and realized by talent warehoused at their headquarters in Colombo, Sri Lanka. The PickMe software is a platform that facilitates a real time connection between the taxi passenger and the taxi driver, enabling mutual engagement for the receipt and delivery of a seamless service.
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