devinitorg/iati-policy-markers huggingface dataset:
Clean Max Equity table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }   The proposed transaction is a quasi-equity investment in Clean Max Enviro Energy Solutions (CMES or the Company). The Company is a Renewable Energy Service Company (RESCO) providing solar solutions for commercial and industrial customers in India through both onsite and off-site facilities. The Company plans on commissioning more than 250 MW of solar projects over the next three years. IFC will invest up to US$15 million in Compulsorily Convertible Debentures. The proceeds of the IFC investment will be used to fund the construction of the proposed solar projects (the Project). - Increasing clean energy production: The Company will setup new renewable energy based generation capacity to meet the increasing demand for power in the country and in the process will help reduce GHG emission intensity. 
-	Private sector development in renewable energy: The Project will help early stage renewable energy company to develop its business and thereby have a signaling effect in the market for other businesses
-	Employment generation: The Project will provide temporary employment during construction and permanent employment during operation stage.
Aloe Environment Fund 2 Aloe Environment Fund 2 (Aloe 2 or the Fund) is a closed end private equity fund formed by Aloe Private Equity (Aloe or the Manager) which will make equity and equity-related investments in companies that are working to sustain, restore, or improve the global environment, directly or indirectly.  The Fund will principally focus on India, China and other IFC client countries (collectively referred to as the Region), both through direct investments in the Region and through European-based small and medium sized companies whose technology benefit countries in the Region.  Sectors of focus include clean and renewable energy, waste recycling and emission controls.  The Fund has a target size of between 100million and 150 million. Project Development Impact:  - Investments in the environment space  environment protection, environment technology and services:    The Fund will invest solely in companies that aim to sustain, restore or improve the global environment through projects in developing countries, mainly in India and opportunistically in China.  - Private sector development:    The Fund will add value to its investee companies, by providing managerial and strategic support to improve their competitiveness and sustainability.    - Adoption of best practice for corporate governance, socially responsible investing and environmental standards:    The Fund will adopt international best practices for environmental and social risk assessment and management, as well as transparency and corporate governance, thus fostering knowledge and skill transfer, and encouraging best practices across the industry.    - Support for Small and Medium Enterprises (SMEs):   The Fund is expected to allocate part of its capital for SMEs.
Connectiva Systems, Inc. (India) Connectiva Systems Inc. (Connectiva or the company) is a private company that has developed software products for telecom operators to get more financial performance from their existing infrastructure.  It does so by detecting and preventing revenue leakage from their operations. Revenue leakage can be caused by billing errors, network problems, fraud, roaming issues, and many other causes. 

Connectivas award-winning flagship product is ONEREViEW  whose unique process-driven approach helps service providers improve their business and financial performance dramatically. Telecom operators who have partnered with Connectiva to identify and recover revenue leakage include Bharti Televentures, the MTC Group of Companies, Wataniya Telecom, Tunisiana, BSNL, Etisalat and Cable & Wireless. Connectiva has won the largest revenue assurance contracts in the industry, and has received several prestigious industry awards, including "Best Revenue Assurance" award at World Billing Awards for its project with MTC, and runner-up award at the World BSS Awards 2007 for "Best Revenue Assurance/Management Project" for Wataniya Telecom. 

Connectiva was founded in 2000 in New York and most of their employees are based in Kolkata, India. The Company is looking to raise up to $15 million in equity funding to:

- scale its infrastructure and customer delivery operations in Kolkata, 
- fund Research & Development to continue to develop innovative products, and 
- ramp up sales and marketing operations. The project will support a company located in West Bengal, a frontier region of India, with developmental and economic indicators similar to most IDA countries. Additionally, the project will support an IT company in this region, which is located outside the traditional IT corridor in India, and where engineering and IT jobs are not as readily available. Finally, the project will also support a Company that is developing core intellectual property therefore contributing to skill generation in the local market.
OCL India Ltd. The $170 million project is sponsored by OCL India Limited (OCL), one of the leading cement producers in eastern India with an existing cement production capacity of 1.85 million tons per annum (MTPA). The project involves the construction and operation of:   - A new kiln line of 4,000 tons per day (tpd) clinker production capacity at OCLs existing cement plant site in Rajgangpur, District Sundergarh, Orissa State; and  - A stand alone cement grinding unit of 900,000 TPA (150 tons per hour (tph)) nominal capacity at Kapilas, District Cuttack, Orissa State. The project will create new jobs in the state of Orissa, one of the poorest states in India with per capita GDP of only $168 (2004) against a national average of $594 (2004). It will expand the supply of cement in the eastern region where at present the capacity utilization rate is very high and this has lead to high prices.  The expansion will permit OCL to become a larger and even more competitive producer in the region and help keep cement prices at reasonable levels; and in this way promote investments in infrastructure, and in industrial, commercial and residential construction.   Also, the project will contribute to the modernization of the local cement industry through the introduction of advanced production technology and know-how through local staff training by leading equipment manufacturers, contractors and experienced project managers.
Samson Project Samson Maritime Limited (SML) is a family owned mid-tier company in the business of providing offshore logistics support services to the Oil & Gas sector in India. SML provides vessels including anchor handling tug supply vessels, offshore supply vessels, SPM maintenance vessels, diving support vessels for diving projects, ocean going tugs, harbour /coastal tugs and tugs for lighterage of crude from VLCCs into smaller vessels. SML proposes to expand its vessel fleet to meet the growing demand for its services. The project is expected to have the significant development impact by:   - supporting Indias efforts to effectively exploit natural resources important for energy security and economic growth; - supporting Governments efforts through the provision of private infrastructure services in a critical sector; - creating employment for Indian seamen and on-shore administrative staff; - supporting the development of environmentally sound transportation of offshore supplies by providing modern vessels to the Indian offshore market replacing older and less environmentally friendly vessels; and  - supporting the development of natural gas exploration which when developed will be a clean and affordable source of energy to India.
Axis Bank Ltd. Axis Bank (the Bank) is amongst Indias largest private sector banks with a network of 1,390 branches & extension counters, and 6,270 ATMs as of 31st March 2011. The Bank has a loan portfolio of $31.97 billion and a deposit base of $ 42.49 billion as of 31st March 2011.  The proposed investment involves a long term US dollar loan on IFCs own account and mobilization by IFC of parallel loans from international investors to the Singapore branch of Axis Bank. The proceeds of the IFC loan will be utilized by the Bank to on-lend to Indian companies as external commercial borrowings for projects relating to climate change projects. Such projects would include projects related to renewable energy, energy efficiency improvement, water management and related areas. 1. Wider Impact: With a wide presence in India, Axis Bank has a natural advantage in terms of client reach which will allow it to expand rapidly in this area with IFC''s support. Through the proposed facility, Axis Bank can support a wider range of clients in the renewable energy and climate change space. 2. Demonstration Effect: Axis Bank''s expansion in this space is likely to help attract other financial institutions to increase their risk appetite and invest more actively in Climate Change sectors. 3. Greenhouse Gases (GHGs) savings: The proposed investment will result in substantial savings of GHG emissions as it will encourage investment in clean energy projects. 4. Institution Building: IFC''s support to Axis Bank will help it to scale up its capacity to assess clean energy projects through sharing of its experience and knowledge of the sector worldwide.
Stellaris Venture Partners India Trust II The proposed project is an equity investment of up to US$25 million in Stellaris Venture Partners India Trust II (Fund), a trust domiciled in India. The Fund focuses primarily on seed and series A investments in Indian technology-enabled companies and is targeting US$160 million in total commitments. The Fund plans to invest in 20-25 companies across healthcare, education, financial services, logistics, consumer internet and enterprise technology sectors. The Fund is focused on non-manufacturing early stage technology startups in India. Activities to be supported by this investment are expected to have minimal or no adverse environmental or social impacts. Hence, the project is categorized as Category FI-3 in accordance with IFC's Environmental and Social Sustainability Policy. The project will not support coal related or higher risk activities. This is an existing client with an existing E&S risk management system (ESMS) and E&S officer responsible for implementation. The current ESMS will be required to be applied for this project as well. Applicable requirements will include IFC Exclusion List and relevant national E&S laws and regulations if they exist and are applicable.
Crystal Crop Crystal Crop Protection Limited (Crystal or the Company) is one of the major agrochemical players in India. Crystal manufactures and markets a broad range of crop protection products (insecticides, fungicides, and herbicides), as well as seeds and farm equipment, predominantly for the domestic India market. The Company is well-diversified across crops, has a large existing portfolio of generic crop protection products and is now strategically developing its own branded formulations. Crystal provides crop protection products that cater to entire lifecycle of crops from sowing to harvesting and assist the Indian farmer to maximize productivity and profitability.   Crystal plans to (i) further expand Crystals own in-house manufacturing of active ingredients (technicals), which will help it to further backward integrate and reduce dependence on imports of technicals (ii) fund capital expenditure to expand capacity, improve IT infrastructure and automation in its plants, (iii) fund working capital requirement; (iv) setup solar plants in its production units to promote cleaner energy and reduce power costs, and (v) fund costs for domestic and global product registrations (all together, the Project). The most significant expected project-level outcomes are: 
(i) Stakeholder effects: The Project will improve farmers' productivity through better access to customized agrichemicals by enabling the development of formulations that are particularly well-adapted to local crop, soil, and environmental factors and through sale of affordable, generic pesticides. 
(ii) Economywide effects: The Project will create jobs and add value through backward linkages, where they will produce in-house the active ingredients required to produce their agrichemicals The Project will also create additional direct skilled jobs. The employees will learn new skills and technology to produce these active ingredients
(iii) Competitiveness: The Project is expected to demonstrate backward integration, to improve cost control of the value chain, production efficiency as well as the ability innovate and produce high quality the products, and thus improving the sector's competitiveness.
Indigrid Project The proposed investment comprises of a subscription by IFC of up to US$150 million to Non-Convertible Debentures (NCDs) issued by India Grid Trust (IndiGrid or the Company). These NCDs will be rated, listed, secured, redeemable and denominated in Indian Rupees. The proceeds will be used by the Company to support its investments or loan infusion in Special Purpose Vehicles (SPVs) that house the transmission assets which are compliant with IFCs performance standards (PS). These investments are being used to refinance existing debt at these SPVs. The main project-level impact involves helping IndiGrid optimize its capital structure and efficiently enhance the operation and reliability of transmission assets as it expands its portfolio. Beyond the Project, the investment is expected to enhance market integration by visibly demonstrating the role of InvITs in expanding and diversifying sources of investment in the power sector.
Atul II Project Atul Limited (Atul or the Company) is a leading chemicals manufacturer in Western India.  The Companys main facilities are located in the towns of Atul and Ankleshwar in the state of Gujarat.  Atul has adopted a strategy to transform into a global market leader for a few select products while retaining a smaller portfolio of commodity products where the Company can sustain its low cost advantages.  The proposed US$15 million corporate loan will help finance its expansion plans and efforts to diversify into new products. This investment is expected to have the following development impacts. It will help strengthen and expand the operations of a mid-tier company to enable it to become internationally competitive and help the Companys efforts to reduce water conservation. The Company is also expected to step up its social contributions in local communities and also actively maintain and increase more than one million trees planted in its campus.
Mahindra LMM Co The proposed transaction entails an equity investment of up to INR 6,000 million (approximately US$73 million) in the form of compulsorily convertible instruments in a proposed new wholly owned subsidiary (Mahindra LMM or the Company) of Mahindra & Mahindra Limited (M&M or the Sponsor). This subsidiary will be newly incorporated to house M&Ms last mile mobility business (LMM). Mahindra LMM plans to incur a total capex of US$113 million over the next 3-4 years towards development and manufacturing of its portfolio. IFC will finance US$73 million which will go towards capex, working capital requirements, etc.  for the electric vehicle (EV) business of LMM, by way of an equity investment in the form of compulsorily convertible instruments (the Project). The most significant expected project-level outcomes are income and livelihood effects for customers. The Project will increase access to E-3Ws (including passenger and cargo delivery vehicles) across India, supporting income and livelihoods of micro-entrepreneurs and will also contribute to localized air pollution benefits for the drivers of the E-3W vehicles. Beyond the Project, IFC expects the investment to contribute to the integration of advanced EV manufacturing capabilities, the scaling-up of the EV ecosystem in India, and the smooth transition of the auto industry from fossil fuel powered vehicles to EVs.
Educomp Project The proposed project (the Project) involves an investment of up to US$55 million in Educomp Solutions Limited (Educomp or the Company).  Educomp is one of the largest education companies in India, with over 17,000 employees reaching 29,000 schools and approximately 19 million learners around the world.  Educomp has four business segments: (i) School Learning Solutions which includes SmartClass, a comprehensive learning management system blending content and technology, and EduReach, a business that provides computer-aided learning systems and content to Government K-12 schools; (ii) K-12 Schools which includes pre-schools and brick and mortar K-12 schools; (iii) Higher Learning Solutions which focuses on vocational training through a JV with Pearson, university education through a JV with Raffles Education, and teacher training; and (iv) Online, Supplemental & Global, which includes various other initiatives including assessments and counseling, tutoring, and test preparation.  The Companys offerings span a range of pricing options that make them affordable to both middle and lower income learners.  The Project will help the Company refinance debt to improve the capital structure and allow more of its future cash flow to be used for capital expenditures to support Educomps growth and further domestic and international expansion. - Expanding equitable access to quality basic and secondary education.  Educomp is one of the largest K-12 education services providers in India. - Improving quality education in India, both in public and private schools and in tertiary education, through its learning management systems and technology products, tutoring, assessments / test preparation, and teacher training services.  - Promoting innovation, knowledge transfer and scalability in the Indian education sector, given the Company''s role as a market leader and the fact that many competitors may become followers of successful business and academic practices. - Bringing about a significant demonstration effect that the use of technology in education can effectively help improve learning outcomes. - The Project will support the growth of the Educomp''s employee base in key business segments over the next four years.   - Potential for South-South investments, as the Company has expansion plans in other developing countries including some in Africa.
HDFC Debt  Project The proposed investment comprises a senior debt investment of up to US$400 million in HDFC Limited (HDFC or the Company). The loan proceeds will be used to provide retail buyers financing for affordable housing, with a mutually agreed portion of IFC funding to be earmarked for green affordable housing. The Project is in line with the Government of Indias Housing for All initiative. The most significant, expected project level outcome is increased access to financing for affordable housing for lower- and middle-income segments and improved access to green affordable housing finance in India. The Project will also support HDFC in strengthening its green affordable housing portfolio. Beyond the project, IFC anticipates that the investment, together with other IFCs efforts in the segment, will help promote greater competitiveness in affordable housing and support the development of green affordable housing in India.
Exim India: South Asian IDA countries Export Facility Export-Import Bank of India (Exim Bank) was formed in 1981 under the Export-Import Bank of India Act, and is a financial institution whose capital has been wholly subscribed by the Government of India. Exim Bank provides financial assistance to exporters and importers and also aims to develop relationships with export-oriented companies by assisting them in various capacities such as identifying overseas markets, providing loans and guarantees and export credit. Its non-institutional clients include mainly private sector entities. 

The proposed investment involves a long term loan on IFCs own account and mobilization by IFC of parallel loans from international commercial banks to Exim Bank. The proceeds of the IFC loan will be used to finance exports from India to other South Asian countries from private sector exporters, mainly middle market companies. The development impact of the project is expected to be: 

-	supporting international trade between India and other South Asian countries; 
-	providing access to finance to the underserved medium enterprise sector as they would be able to secure financing to execute export orders in the current weak market conditions; and
-	helping boost confidence in the Indian economy amongst other market participants and facilitate improvement in international credit flows to India.
Small Finance Bank RGVN table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }             The proposed project envisages a debt investment in RGVN (NE) Microfinance Limited (RGVN or the Company) which is a MFI headquartered in Guwahati, Assam  . RGVN has an asset under management (AUM) of INR6.1bn (US$89mn) across 6 north-eastern states and West Bengal has 133 branches and an outreach of 300,000 women clients. RGVN is focused mainly on the north eastern region of India.             RGVN is one of the 10 recipients of the Small Finance Bank License (SFB) awarded by the Reserve Bank of India in mid-September 2015.  The proposed investment would provide long term liquidity support to RGVN while it starts building its retail savings base post transformation and would help it to continue its efforts towards financial inclusion. The proceeds of the loan would be utilized to extend microfinance and microenterprise loans in the northeastern states of India. 1.	Access to Microfinance: The project will help in expanding the outreach of access to microfinance to borrowers who have little or no access to formal sources of financing, including borrowers in the north eastern states of India.

2.	Balanced growth of Microfinance: RGVN is exclusively focused on the northeastern states of India where financial inclusion is amongst the lowest in India. This places the Company in a unique position to pioneer the spread of banking in this region.

3.	Demonstration Effect: IFC's long term support to this sector will help strengthen investor confidence for capital market/foreign investors who are gradually opening up to this sector/region but are adopting a conservative view.