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IFCI LIMITED
IFCI Limited is a public-sector non-banking finance company based in New Delhi, India, providing financial support for various industrial sectors. It operates as a development finance institution, primarily through its subsidiary, IFCI Venture Capital Funds Limited, which manages government-backed entrepreneurship schemes.
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Overview
IFCI Limited, established in 1948, is a public-sector non-banking finance company headquartered in New Delhi. Originally named the Industrial Finance Corporation of India, it transitioned to a company structure in 1993 to enhance operational flexibility. IFCI provides financial support across diverse sectors, including infrastructure, manufacturing, and services, and has facilitated significant projects like Adani Mundra Ports and GMR Goa International Airport. Through its subsidiary, IFCI Venture Capital Funds Limited, it manages government-backed venture capital schemes aimed at promoting entrepreneurship among underrepresented groups.
Focus
IFCI invests across a wide range of industries, providing financial services to support projects in sectors such as airports, roads, telecom, power, real estate, and manufacturing. The organization is dedicated to fostering entrepreneurship development and has been instrumental in establishing market intermediaries and consultancy organizations.
Support
IFCI adds value to its portfolio companies by providing not only financial support but also advisory services, facilitating access to government schemes, and promoting entrepreneurship development through various programs.
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