# India Exim Bank

> India Exim Bank is a VC fund in Mumbai backing Finance and Financial Services. See 14 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 14
- Last investment: Jul 2026
- Lead investor: 29%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/export-import-bank-of-india/
- X (Twitter): https://twitter.com/IndiaEximBank
- Website: https://www.eximbankindia.in
- Facebook: https://www.facebook.com/indiaeximbank

India Exim Bank is a VC fund in Mumbai focused on Finance and Financial Services. India Exim Bank provides financial and banking servicesd.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Finance | 3 | 21% |
| Financial Services | 3 | 21% |
| Banking | 2 | 14% |
| Agriculture | 2 | 14% |
| Health Care | 2 | 14% |

31 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 6 | 43% |
| Series B | 2 | 14% |
| Seed | 1 | 7% |
| Series C | 1 | 7% |
| Series D | 1 | 7% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 8 | 57% |
| Nigeria | 2 | 14% |
| Togo | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Serentica Renewables | Serentica Renewables provides renewable energy solutions that enable large-scale, energy-intensive industries to transition to clean energy. Serentica Renewables focuses on industrial decarbonization by making renewables the primary source of energy for the commercial and industrial sectors, with the goal of providing reliable renewable energythrough a combination of solar, wind, energy storage, and balancing solutions. | $345.1M | Debt Financing | Jul 08, 2026 |  |
| Africa Finance Corporation | Africa Finance Corporation focuses on infrastructure financing across various sectors, including power and transportation. The institution provides debt, equity, project development, and financial advisory services to address infrastructure needs. It was established through an agreement among sovereign African states and has received anchorinvestment from the Central Bank of Nigeria. Since its establishment, AFC has invested significantly in high-quality infrastructure assets to support sustainable economic growth in Africa. | $100M | Debt Financing | Apr 20, 2026 |  |
| Padcare Labs | PadCare is an unprecedented hygiene management solution that completes the loop of menstrual hygiene economy by generating harmless, recyclable output out of soiled pads. |  | Debt Financing | Feb 10, 2026 |  |
| HRS Navigation | Surgical navigation is state of art technology used globally for making complex surgeries like brain, spine safer. It creates precise virtual 3D model of the patient from the CT/MRI data with all the information like tumor, blood vessels etc. It then provides real time visualization of surgeon’s instruments on the virtual 3D patient within 2millimeter accuracy. It then provides live guidance to surgeon like a GPS device to precisely reach area of interest and avoiding damage to critical area | $5M | Seed | Nov 12, 2025 |  |
| ECOWAS Bank for Investment and Development (EBID) | The ECOWAS Bank for Investment and Development (EBID) has metamorphosed into a fully-fledged development finance institution (DFI) over the years. As a major regional DFI, the Bank, for over forty years, has focused on helping Member States to meet infrastructural, social and institutional challenges in the ECOWAS sub-region, through financingprojects under its private and public sector windows | $40M | Debt Financing | Aug 14, 2025 |  |
| Tonbo Imaging | Tonbo Imaging designs, builds and deploys advanced imaging and sensor systems for military reconnaissance and security of critical government and industrial establishments. | $20.4M | Series D | Apr 04, 2025 |  |
| Shriram Finance | Shriram Finance is a non-banking finance company that finances pre-owned commercial vehicles, equipment, and other loans. The company offers personal, business, bike, gold, and commercial vehicle loans. | $306M | Debt Financing | Mar 17, 2025 |  |
| Indorama Fertilizers | Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers forlocal farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe | $1.3B | Debt Financing | Mar 28, 2024 |  |
| Serentica Renewables | Serentica Renewables provides renewable energy solutions that enable large-scale, energy-intensive industries to transition to clean energy. Serentica Renewables focuses on industrial decarbonization by making renewables the primary source of energy for the commercial and industrial sectors, with the goal of providing reliable renewable energythrough a combination of solar, wind, energy storage, and balancing solutions. | $421.4M | Debt Financing | Jan 08, 2024 |  |
| Clensta | Clensta is a biotechnology start-up to improve the National Hygiene condition whilst addressing the aspect of water conservation. Clensta is an Indian startup and in association with IIT Delhi, works to create innovative healthcare solutions to make hygiene accessible for anyone, anytime, and anywhere. Driven by their aim to create products thatpromote complete cleaning solutions without water. | $8.9M |  | Jul 10, 2023 |  |

10 of 14 investments shown.

## Co-investors
- [Asian Development Bank](https://shizune.co/investors/profile/asian-development-bank) — VC Fund, 2 deals together
- [Florintree Advisors](https://shizune.co/investors/profile/florintree-advisors) — VC Fund, 2 deals together
- [Keiretsu Capital](https://shizune.co/investors/profile/keiretsu-capital) — VC Fund, 2 deals together
- [LVX Ventures](https://shizune.co/investors/profile/letsventure) — VC Fund, 2 deals together
- [Mumbai Angels](https://shizune.co/investors/profile/mumbai-angels) — VC Fund, 2 deals together
- [Qualcomm Ventures](https://shizune.co/investors/profile/qualcomm-ventures) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund
- [Development Bank of Wales](https://shizune.co/investors/profile/development-bank-of-wales) — VC Fund
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund

## FAQ

### What does India Exim Bank invest in?

India Exim Bank invests primarily in Finance, Financial Services and Banking startups, most often at Debt Financing and Series B stage. Most of the 14 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did India Exim Bank last invest?

The most recent investment recorded for India Exim Bank closed in Jul 2026. Shizune tracks 14 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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