CDC Group Plc., the development finance institution of the UK government, plans to double its exposure to India with investments of up to $3-3.5 billion by 2021, senior executives said in an interaction.
The CDC India portfolio currently stands at $1.7 billion across direct investments into companies and investments in private equity and venture capital funds. CDC has backed several Indian private equity and venture capital fund managers to raise their maiden funds. The firm invests directly through both equity and debt.
