International Finance Corporation

International Finance Corporation (IFC) is an investor that provides equity and long-term funding to companies in India. The businesses it backs in the news span warehousing, electric buses, dairy and mall ownership. [1] source: Business Standard[2] source: Business Standard[3] source: The Hindu BusinessLine[4] source: ET Small Business Its named recipients include NDR Smart Spaces, JBM Ecolife Mobility, Milky Mist and Nexus Select Trust. [1] source: Business Standard[2] source: Business Standard[3] source: The Hindu BusinessLine[4] source: ET Small Business

In August 2026, IFC invested Rs 225 crore in NDR Smart Spaces to build a 20 million sq ft Grade A warehousing and cold-storage platform across 14 Indian cities. [4] source: ET Small Business In August 2026, IFC took part as an anchor investor in Milky Mist's IPO, which raised about ₹465 crore from 19 anchor investors at ₹140 per share. [3] source: The Hindu BusinessLine In September 2026, NDTV Profit reported that IFC agreed to buy $90 million of shares in the London IPO of Airtel Money, which is expected to raise at least $800 million. [5] source: NDTV Profit A Business Standard item from September 2026 said JBM Ecolife Mobility secured $100 million in long-term IFC funding to purchase and operate 1,455 electric buses across Maharashtra, Assam and Gujarat. [2] source: Business Standard

In an item dated October 2026 that resurfaced a March 2025 plan, Business Standard reported that Nexus Select Trust plans to fund mall acquisitions with debt and about ₹2,000 crore of IFC green funding. The trust targets at least 30 malls and 20 million sq ft of gross leasable area in the next three to four years, up from 17 malls. [1] source: Business Standard