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Asian Development Bank

Investor type Investment Bank

Overview

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 27
Average round size
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The average size of a deal this fund participated in
$128M
Portfolio companies 21
Rounds per year 0.48
Lead investments 11
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.22
Exits 6
Key employees 5

Areas of investment

  • Financial Services
  • Energy
  • Renewable Energy
  • Banking
  • Finance
Summary

Asian Development Bank appeared to be the Corporate Investor, which was created in 2010.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Asian Development Bank, startups are often financed by Unitus Ventures, International Finance Corporation, Goldman Sachs. The meaningful sponsors for the fund in investment in the same round are Unitus Ventures, Khosla Impact, General Electric (GE). In the next rounds fund is usually obtained by OPIC - Overseas Private Investment Corporation, Goldman Sachs, General Electric (GE).

The fund has specific favorite in a number of founders of portfolio startups. Among the most popular portfolio startups of the fund, we may highlight ReNew Power Ventures, Annapurna Microfinace, Satin Creditcare Network. Among the most popular fund investment industries, there are Health Care, Banking. Besides, a startup needs to be aged 16-20 years to get the investment from the fund.

We also calculated 5 valuable employees in our database.

Comparing to the other companies, this Asian Development Bank performs on 1 percentage points less the average number of lead investments. The high activity for fund was in 2014. Despite it in 2019 the fund had an activity. The real fund results show that this Corporate Investor is 47 percentage points more often commits exit comparing to other companies. The common things for fund are deals in the range of more than 100 millions dollars. The increased amount of exits for fund were in 2016. The fund is generally included in 2-6 deals every year.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Asian Development Bank:
Typical Co-investors
Asian Development Bank is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Asian Development Bank:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

wagely

Employee Benefits
Financial Services
$8M15 Mar 2022 Jakarta, Jakarta Raya, Indonesia

Bio Farma

Biotechnology
Health Care
$450M31 Mar 2021 Bandung, West Java, Indonesia

Annapurna Microfinace

Banking
Business Development
Finance
Financial Services
FinTech
Property Management
$30M30 Mar 2021 Bhubaneswar Municipal Corporation, Odisha, India

Northern Arc

Enterprise
Finance
Financial Services
$40M22 Dec 2020 India, Tamil Nadu

Banking
Finance
Financial Services
$30M08 Jan 2020 Ulaanbaatar, Mongolia

Aerospace
Internet
Product Design
Satellite Communication
$160M06 Dec 2019 Singapore, Central, Singapore

Avaada Energy

Energy
Renewable Energy
$144M09 Apr 2019 Delhi

Annapurna Microfinace

Banking
Business Development
Finance
Financial Services
FinTech
Property Management
$19M06 Feb 2019 India, Bhubaneswar Municipal Corporation

DCDC Health Services

Health Care
$10M04 Jul 2018 Delhi, Delhi, India
News
Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M

– Indonesian EWA startup wagely raised $5.6m in strategic funding.
– The round was led by Integra Partners.
– Other investors included the Asian Development Bank (ADB) Ventures, PT Triputra Investindo Arya, Global Founders Capital, Trihill Capital, 1982 Ventures and Willy Swandi Dharma.
– The company plans to increase its sales team in order to close more enterprise deals.

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