UKIDCF will invest in various Investment Programmes aligned with development cooperation priorities between the United Kingdom and India.
The goal is to invest in Portfolio Entities consistent with the themes of these approved Investment Programmes. The Fund will focus on investments in Portfolio Entities, i.e. Category I AIFs and Category II AIFs that will lead to:
A positive impact on the poor, the climate, sustainability and gender and inclusion
An increased flow of capital to underfunded job-creating sectors and enterprises in India and, subject to applicable law, expansion to other low-income countries
An increase in employment (including green jobs), improved access to goods and services to benefit the bottom of the pyramid (men, women, and people with disabilities)
Mobilizing additional finance (including green finance) at the Portfolio Entity level and at the investee company level
Making enterprises viable and climate-resilient; lowering production and transaction costs, and protecting and rehabilitating the environment
Enabling market access for the portfolio
Assisting the Portfolio Entities in strengthening their ESG capability
Strengthening UK-India linkages by inter alia, encouraging investors including from the UK to enter or diversify their portfolio in the high-growth Indian market, scaling investee companies to the UK, technology transfers/strategic partnerships between Indian and UK firms or institutions, sharing knowledge, best practices and expertise from the UK to improve compliance with ESG Standards