U.S. International Development Finance Corp

Mufin Green Finance is an Indian non-banking finance company that focuses on providing financial services primarily in the electric vehicle (EV) sector. The company specializes in offering various loan products, including used-car loans, personal loans, unsecured working capital loans, property loans, two-wheeler loans, and educational loans. Mufin Green Finance derives its revenue mainly from interest income generated through these financing activities. By concentrating on the burgeoning EV market, the company aims to support the transition to sustainable transportation while catering to diverse customer financing needs.

Northern Arc Capital Limited is a non-banking financial company based in Chennai, India, that focuses on providing access to debt finance for underserved households and businesses. The company offers a diverse range of financial products, including microfinance, agricultural finance, housing finance, vehicle finance, consumer finance, small business loans, and gold loans. In addition to traditional lending, Northern Arc Capital provides fintech services, structured products, and capital market instruments. The company also engages in debt syndication and guarantee-backed lending, facilitating connections between originators to enhance the delivery of financial services. Established in 1989 and originally named IFMR Capital Finance Private Limited, it rebranded to Northern Arc Capital Limited in March 2018.

Arya.ag is India's largest grain commerce platform, designed to connect sellers and buyers of agricultural produce while ensuring quality, quantity, and payment security. Catering to a diverse clientele that includes farmers, farmer producer organizations, financial institutions, SME agri-processors, commodity traders, and corporate agribusinesses, Arya.ag plays a vital role in the agricultural value chain. Its comprehensive platform offers a range of post-harvest services, including warehousing, warehouse receipt financing, rural storage discovery, collateral management, and market linkages, which facilitate the hygienic preservation of various crops, fruits, and vegetables. With access to over 11,000 commodity storage points across India, Arya.ag provides year-round supply assurance to its clients, along with embedded financing options to support agricultural operations.

SAEL is a green energy company based in New Delhi, India, dedicated to advancing sustainable development through renewable energy solutions. The company focuses on innovative projects in solar energy and waste-to-energy generation, aiming to reduce carbon footprints and enhance energy independence. By developing and managing sustainable infrastructure, SAEL provides comprehensive services that encompass design, construction, operation, and maintenance of renewable energy systems. Their mission is to facilitate the transition to a low-carbon economy while contributing to the economic and social development of communities globally. Through the use of cutting-edge technology, SAEL strives to deliver reliable and eco-friendly energy solutions to businesses and communities, promoting a sustainable future.

Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.

Ummeed Housing Finance is a housing finance company that provides home loans and loan against property to lower and middle income families. The company aims to help people with informal incomes, who have limited access to organized finance and who constitute significant portion of the Indian population. Ummeed Housing Finance's services include issuance of home loans and loan against property to improve operational efficiency and reduce turnaround time for customers, enabling low and middle income households to get access to affordable housing loans in an innovative and personalized manner.

IIFL Finance Ltd is a financial services company based in India, primarily engaged in providing a range of lending solutions, including home loans, gold loans, business loans, and microfinance options. The company operates through two main business units: core products, which encompass its primary lending services, and synergistic products, which include operations related to capital markets, construction, and real estate. Additionally, IIFL Finance offers small ticket-sized home loans and secured loans for micro, small, and medium enterprises (MSMEs), along with project loans. The firm’s diversified business model also extends to wealth management, financial product distribution, and investment banking services, enabling it to generate all its revenue within the domestic market.

RevFin is a digital lending fintech company based in Delhi, India, founded in 2018 by Sameer Aggarwal. The company specializes in providing convenient and accessible loans through its innovative platform, which features a revolving credit limit that users can utilize and repay at their convenience. In addition to flexible borrowing, RevFin offers a rewards program that allows customers to earn points for timely repayments, referring friends, or simply logging into the application. This user-friendly approach enables individuals to access loans anytime and anywhere, facilitating the funding of over 12,000 electric vehicles while maintaining non-performing assets (NPAs) of less than 2%.

Genus Power Infrastructures Limited operates in the power sector, focusing on manufacturing electricity meters and providing engineering and construction services. The company offers a comprehensive range of metering solutions, including multi-functional single-phase and three-phase meters, smart meters, and pre-payment meters. In addition to its metering division, Genus undertakes turnkey engineering projects, such as the erection of substations, transmission and distribution lines, and rural electrification. With advanced manufacturing facilities and a strong emphasis on research and development, Genus aims to deliver innovative and customized solutions at competitive prices. The company serves a diverse clientele that includes utilities, municipalities, and various sectors such as renewable energy and smart city development. Established in 1992 and based in Jaipur, India, Genus Power Infrastructures Limited is a subsidiary of the Kailash Group.

Yulu is a micro-mobility platform in India that aims to alleviate traffic congestion and air pollution through the provision of human and battery-powered two-wheelers. The company offers a range of smart, dockless electric vehicles that leverage advanced internet of things technology. Users can easily rent these vehicles via a user-friendly application, utilizing either a pay-per-use or subscription-based model. Yulu's focus on shared mobility addresses the challenges of last-mile connectivity and delivery, promoting a seamless and sustainable transportation solution.

Neogrowth is a non-banking financial company based in Mumbai, Maharashtra, that specializes in providing financial solutions to small and medium-sized enterprises in India. Established in 2011 by Dhruv Khaitan and Piyush Khaitan, the company focuses on meeting the financial needs of businesses that sell goods and services directly to consumers. Neogrowth offers term working capital loans and inventory financing against future credit and debit card sales, facilitating easy access to credit for small merchants. Its clientele includes a diverse range of sectors, such as retail companies selling apparel, electronics, and handicrafts, as well as restaurants, beauty salons, hotels, gyms, and health diagnostic centers.

Soothe Healthcare is a manufacturer of personal hygiene products for men and women, primarily focusing on feminine hygiene and baby care. Its key offerings include Paree sanitary pads, Super Cute baby diapers, and Super Life adult diapers, which are available in approximately 250,000 stores across India and through various online retailers. The company's revenue is largely driven by sanitary pads and baby diapers, which account for about 55% and 35% of total sales, respectively, while adult diapers and hair removal creams contribute to the remainder. Soothe Healthcare aims to enhance the quality of life for individuals by providing reliable and hygienic healthcare alternatives, thereby making essential products more accessible to the community.

CreditAccess Grameen specializes in providing microfinance and related services to women from rural and low-income households in India. The company focuses on offering various microcredit loans aimed at income generation, home improvement, family welfare, and emergencies. In addition to these financial products, CreditAccess Grameen also provides micro insurance services that include life and health insurance, along with access to a national pension scheme. The organization further supports its members through non-financial services such as enterprise development, financial literacy programs, basic health and nutrition education, and training on women's rights and gender issues. Members are organized into Joint Liability Groups, fostering a supportive community for financial empowerment and education.

Orb Energy specializes in providing affordable renewable energy solutions for off-grid households in India, primarily through solar home systems. The company offers these systems at a cost of USD 4 per month, catering to low-income customers by leveraging a robust retail distribution network. Currently operating 90 branches, Orb Energy plans to expand significantly, aiming to double its branches and workforce within the next two years, thereby reaching an estimated 250,000 individuals. In addition to solar home systems, Orb Energy is involved in the design, manufacture, installation, and servicing of solar photovoltaic systems for power generation, as well as solar thermal systems for hot water and related lighting components and appliances.

Shriram Transport Finance Company Limited, established in 1979, is India's leading provider of commercial vehicle finance, specializing in the financing of pre-owned trucks for small truck owners. The company commands a significant market presence, holding approximately 25% market share in the pre-owned truck segment and around 5-6% in new truck financing. With a widespread network of 620 branches and 515 rural centers, Shriram Transport also offers a diverse range of financing options, including tractors, small commercial vehicles, three-wheelers, passenger commercial vehicles, and construction equipment. In addition to vehicle financing, the company is involved in loan origination, valuation, and collection services, solidifying its role as an essential player in the asset financing landscape.

RBL Bank Limited is a private-sector scheduled commercial bank based in Mumbai, India, established in 1943. The bank operates through several segments, including Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. It offers a diverse range of deposit products such as savings and current accounts, as well as fixed deposits. RBL Bank provides various lending options, including personal, home, car, education, and business loans, along with financial services like insurance, wealth management, and online banking. The bank also engages in advisory services for mergers and acquisitions, project finance, and trade services. With a focus on expansion, RBL Bank has developed a network of branches and ATMs across India, servicing over 500,000 customers and maintaining a robust business size. Following a transformational journey initiated in 2010, the bank has strengthened its governance and technology infrastructure to support its growth strategy.

First Solar is a leading manufacturer of solar photovoltaic panels and systems, utilizing advanced cadmium telluride technology known as thin-film technology to convert sunlight into electricity. The company focuses on utility-scale development projects and operates production facilities in Vietnam, Malaysia, the United States, and India. By continually reducing manufacturing costs, First Solar aims to provide an affordable and environmentally friendly alternative to fossil fuels. It also emphasizes responsible product life cycle management through a comprehensive collection and recycling program for its solar modules, setting industry standards in sustainability.

Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects lenders with small businesses seeking loans. Established in 2015 and based in Gurugram, India, the company focuses on assisting businesses that often struggle to secure financing from traditional institutions due to a lack of collateral or financial data. Indifi utilizes technology to gather and analyze data from various sources, assessing the creditworthiness and performance of potential borrowers within their respective industries. This approach allows Indifi to identify low-risk, high-potential businesses, thereby expanding access to both short- and long-term funding options. Additionally, the company provides lifecycle support services for lenders, including marketing, customer relationship management, data aggregation, and loan monitoring, while facilitating communication between borrowers and multiple lenders to enhance the likelihood of loan approval.

Origo Commodities India Pvt. Ltd. is a provider of post-harvest management services for agricultural commodities, focusing on enhancing the efficiency of the supply chain. Established in 2011 and headquartered in Gurugram, India, the company offers a wide range of services, including commodity handling, procurement, professional warehousing, quality certification, and stock preservation. It also facilitates delivery points for commodity exchanges, along with audit, surveillance, and trading services. Origo's tech-enabled platform aims to create an inclusive marketplace that promotes secure trade and supports all stakeholders, including producers, processors, corporate entities, and financial institutions. The company is dedicated to reducing risks and waste while adding value throughout the post-harvest supply chain, contributing to a sustainable agricultural economy.

Northern Arc Capital Limited is a non-banking financial company based in Chennai, India, that focuses on providing access to debt finance for underserved households and businesses. The company offers a diverse range of financial products, including microfinance, agricultural finance, housing finance, vehicle finance, consumer finance, small business loans, and gold loans. In addition to traditional lending, Northern Arc Capital provides fintech services, structured products, and capital market instruments. The company also engages in debt syndication and guarantee-backed lending, facilitating connections between originators to enhance the delivery of financial services. Established in 1989 and originally named IFMR Capital Finance Private Limited, it rebranded to Northern Arc Capital Limited in March 2018.

Freshtohome is an online grocery store based in Bangalore, launched in 2015 by Shan Kadavil. The platform specializes in providing a wide variety of fresh seafood and meat products, including fish, poultry, mutton, and steaks, sourced directly from suppliers. Freshtohome emphasizes the quality of its offerings, ensuring that products are free from chemicals and preservatives. In addition to seafood and meat, the store also lists vegetables and marinated foods, catering to health-conscious consumers. The service includes home delivery, making it convenient for customers to access fresh and healthy food options at reasonable prices.

Milk Mantra Dairy Pvt. Ltd., founded in 2009 and based in Bhubaneswar, India, specializes in the processing, packaging, and distribution of dairy products. The company offers a diverse range of items under its brands Milky Moo and MooShake, which include pure milk, probiotic dahi, pouch dahi, paneer, lassi, buttermilk, and flavored milkshakes in various flavors such as nutty badam, peachy strawberry, slurpy mango, chocolate, and vanilla. Milk Mantra focuses on sustainable practices by working directly with farmers for milk procurement, ensuring quality through testing and processing. It operates in Odisha and neighboring states, providing direct-to-home delivery services and distributing products through over 10,000 local stores. The company emphasizes health and quality in its offerings, aiming to enhance the dairy consumption experience for its customers.

Northern Arc Capital Limited is a non-banking financial company based in Chennai, India, that focuses on providing access to debt finance for underserved households and businesses. The company offers a diverse range of financial products, including microfinance, agricultural finance, housing finance, vehicle finance, consumer finance, small business loans, and gold loans. In addition to traditional lending, Northern Arc Capital provides fintech services, structured products, and capital market instruments. The company also engages in debt syndication and guarantee-backed lending, facilitating connections between originators to enhance the delivery of financial services. Established in 1989 and originally named IFMR Capital Finance Private Limited, it rebranded to Northern Arc Capital Limited in March 2018.

Caspian Impact Investments Private Limited is a Hyderabad-based venture capital firm focused on growth capital investments in seed, startup, and early-stage companies, particularly within India. The firm specializes in providing debt and equity capital to microfinance institutions and seeks to invest in sectors that address the needs of low-income and informal populations. Its primary investment areas include food and agriculture, clean energy, financial services, affordable housing, and small business finance. Caspian Impact Investments aims to generate both social and environmental impact alongside competitive financial returns, emphasizing support for non-banking financial companies and last-mile banking solutions. The firm has a decade-long track record of investing in socially responsible businesses that enhance access and efficiency in various business ecosystems.

Varthana is a financial services company focused on enhancing private education in India by providing tailored financial solutions to low-cost private schools. It partners with education entrepreneurs dedicated to improving access to high-quality education in low-income communities. Varthana offers both secured and unsecured loans designed for various projects, including infrastructure renovations, library and playground additions, laboratory upgrades, smart classroom technology, teacher training programs, and transportation services like school buses. Through its support, Varthana aims to empower private schools to better serve students from economically disadvantaged backgrounds, thereby contributing to the overall improvement of educational facilities in the region.