Investing in businesses with potential by unlocking their access to capital
The focus of direct investments is on deploying growth capital in small and medium enterprises (SMEs) with the potential for profitable growth and employment generation, in addition to generating risk-adjusted financial returns for Karandaaz.
Investment criteria
Company size
Revenue up to $15M, assets up to $15M, employees up to 300
Ticket size
Up to $5M (larger with co-investors)
Ownership stake
Not more than 50% - significant minority, opportunistic control
Investment type
Growth capital: Common Equity, Preferred Equity, Convertible Debt, Structured Credit
Geography
Pakistan as principal place of assets and jobs creation
Sector focus
Includes education, healthcare, agriculture, logistics, construction, retail & wholesale, & manufacturing
Target Holding Period
Up to 7 years
Economic impact
Employment support (esp. women and youth), revenue growth
