In a move aimed at energizing India’s mid-market enterprise ecosystem, the International Finance Corporation (IFC), part of the World Bank Group, has pledged an equity investment of USD 60 million (approximately Rs. 510 crore) in Motilal Oswal Alternates’ latest private equity vehicle. The investment, targeting high-growth firms in sectors such as consumer, financial services, manufacturing, and life sciences, underscores a broader strategy to drive inclusive development, foster job creation, and bridge funding gaps in underpenetrated regions across India.