365telugu.com online news,Mumbai, January 5th, 2026: In a significant move to strengthen India’s private credit landscape, the International Finance Corporation (IFC), a member of the World Bank Group, has partnered with HDFC Asset Management Company (HDFC AMC). The IFC will serve as the anchor investor in HDFC AMC’s Structured Credit Fund-I, a Category II Alternative Investment Fund (AIF).
This strategic collaboration aims to provide much-needed alternative debt financing to underserved mid-market companies—businesses that are often too large for microfinance but struggle to secure adequate funding from traditional banking channels.
Capital Injection and Fund Details
The IFC has committed ₹220 crore to the fund, which has already successfully achieved its first close. Key financial highlights include:
- Total Commitments Raised: Approximately ₹1,290 crore from institutional investors, family offices, and ultra-high-net-worth individuals (UHNIs).
- Target Corpus: ₹1,500 crore, with a green-shoe option of an additional ₹1,000 crore.
- Sponsor Commitment: HDFC AMC is contributing up to 14% of the total fund corpus.
- Investment Strategy: The fund is sector-agnostic (excluding real estate) and focuses on secured credit instruments with a 4-to-6-year horizon.
Supporting the “Viksit Bharat” Vision
The partnership is designed to empower companies that drive India’s manufacturing, logistics, pharmaceuticals, and e-mobility sectors. By offering bespoke financing solutions, the fund enables these businesses to scale operations, foster innovation, and create jobs without compromising their operational stability.
Navneet Munot, MD & CEO of HDFC AMC, stated: “India’s mid-market segment is a dynamic pillar of our economy that remains structurally underserved. Our partnership with IFC is rooted in a shared vision of providing tailored capital with disciplined underwriting to help well-run businesses scale responsibly.”
A Growing Market Opportunity
India’s private credit market is on a steep upward trajectory, projected to grow from $19 billion in 2023 to nearly $60–70 billion by 2028.
Imad N. Fakhoury, Regional Division Director for South Asia at IFC, highlighted the developmental impact: “Mid-market companies are central to economic resilience. This investment will mobilize institutional capital and provide these enterprises with the resources they need to thrive, advancing India’s broader development priorities.”
This collaboration marks a critical milestone in enhancing financial inclusion for the corporate sector, ensuring that the engine of India’s economy—its mid-sized enterprises—has the fuel it needs to reach the next stage of growth.