Belgian Investment Company for Developing Countries

Summary

In 2001 was created Belgian Investment Company for Developing Countries, which is appeared as VC. The company was established in Europe in Belgium. The main office of represented VC is situated in the Brussels.

Deals in the range of 10 - 50 millions dollars are the general things for fund. The high activity for fund was in 2019. Considering the real fund results, this VC is 5 percentage points more often commits exit comparing to other organizations. The fund is constantly included in less than 2 deals per year.

The overall number of key employees were 2.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Belgian Investment Company for Developing Countries, startups are often financed by Incofin Investment Management, Samridhi Fund, Oikocredit International. The meaningful sponsors for the fund in investment in the same round are Oikocredit International, Incofin Investment Management, Finnfund (Finnish Fund for Industrial Cooperation Ltd.). In the next rounds fund is usually obtained by Oikocredit International, GAWA Capital, Creation Investments Capital Management, LLC.

Among the most popular portfolio startups of the fund, we may highlight Fusion Microfinance, Access Bank Plc., Annapurna Microfinace. For fund there is no match between the country of its foundation and the country of its the most frequent investments - India. Besides, a startup needs to be aged 11-15 years to get the investment from the fund. Among the most successful fund investment fields, there are Banking, Property Management.