The rebranding to Northern Arc Capital will also see IFMR Capital pursue a growth strategy that will see it tap overseas investors and markets. We will forge strong strategic partnerships with domestic and international institutions that are committed to the long-run,” said Kshama Fernandes, chief executive of IFMR Capital. Last year, IFMR Capital entered into a partnership with Japan’s Sumitomo Mitsui Banking Corp. (SMBC) to facilitate investments in India’s priority sector. IFMR Capital also intends to use data analytics and technology to cover more sectors and also more entities in each of these sectors. IFMR Capital is backed by Dvara Trust (formerly IFMR Trust), LeapFrog Investments, Eight Roads Ventures and Standard Chartered Private Equity.

Source: Mint February 19, 2018 19:18 UTC