The UK-India Development Cooperation Fund (UKIDCF) hosted an Early Market Engagement (“EME”) in Mumbai on 18th April 2024. Based on the feedback received, we are now proposing to launch a Request for Proposals (RFP) seeking interest from market participants to manage our investment programmes.

 The next phase of our investments will be driven by three new programmes as noted below:

• Pioneering Climate Investments in India (“PCII”): To demonstrate the viability of investing in climate adaptation and resilience and in emerging mitigation areas.
• Investments in Green Enterprises (“InGreen”): To invest in scaling climate smart enterprises and have a strong focus on women entrepreneurs and jobs.
• UK India Tech Start-up Fund Programme (“Tech Start-up”): To back early-stage tech start-ups with a focus on under-invested sectors like climate and environment, agriculture, health and education which can create development impact.

The UK-India Development Cooperation Fund (UKIDCF) hosted an Early Market Engagement (“EME”) in Mumbai on 18th April 2024. The objective of this design exercise was to explore the market appetite from relevant and interested stakeholders and to seek feedback on its pipeline investment plans.