Srei Equipment Finance Private Limited

Debt : August 2002 - September 2012

BIO has given a € 5 M loan, accompanied by an equity investment, to Srei Equipment Finance Private Limited.

Amount

€ 5,000,000.00

Type of investment

Debt

Development impacts

  • Local economic growth
  • Private sector consolidation/innovation

Beneficiary locations

Asia: India

Investment field

Financial Institutions

Activity

Non-bank financial institution - leasing

Organisation

Srei Equipment Finance Private Limited

SREI was founded in 1989 and mainly provides leasing and hire purchase finance of heavy equipment for contractors in the infrastructure sector.

SREI, although not exclusively operating in the SME sector, has a large SME component in its clientele. SREI lends about 40 % of its financial means to medium sized enterprises, who find it difficult to access credit from the traditional banking sector.

Development impacts

  • Local economic growth

    India's under-investment in infrastructure is recognized as one of the main weaknesses to its economic development. The use of proceeds will be dedicated to support the credit to MSME that are mostly involved in the infrastructure sector (sub-contractor in infra project).

  • Private sector consolidation/innovation

    BIO will have an impact on the structuration of the market by supporting a well-known actor that offers an holistic approach in the asset finance of infrastructure materials.

View more of our investments in this region

Renewable Energy Asia Fund

Investment Companies & Funds

Renewable Energy Asia Fund

  6,000,000.00

  India, Philippines

  09/12/2009

  Equity

South Asia Clean Energy Fund

Investment Companies & Funds

South Asia Clean Energy Fund

  3,744,000.00

  Bangladesh, India, Nepal, Sri Lanka

  11/11/2010

  Equity

Ventureast Proactive Fund

Investment Companies & Funds

Ventureast Proactive Fund

  3,632,000.00

  India

  07/02/2008

  Equity

South Asia Growth Fund II

Investment Companies & Funds

South Asia Growth Fund II

  8,700,000.00

  Bangladesh, India

  10/05/2019

  Equity

Kaizen Private Equity II

Investment Companies & Funds

Kaizen Private Equity II

  8,338,200.00

  India

  12/11/2018

  Equity

Omnivore Partners India Fund 2

Investment Companies & Funds

Omnivore Partners India Fund 2

  4,367,820.00

  India

  15/04/2019

  Equity