IFC is actively mapping the early-stage funds space, says Nupur Garg

Nupur Garg, regional lead, South Asia, private equity funds at International Finance Corp., talks about the growing interest of the organization in early-stage venture funds and how they provide another route to tap into India’s growth as traditional growth equity funds underperform. Part of the World Bank group, IFC is one of the biggest investors in India, backing roughly two-thirds of the active growth funds investing in unlisted small and mid-cap companies.