Investment: IGNIA
IGNIA
IGNIA is a venture capital investment fund whose purpose is to invest in commercial enterprises, especially small and medium enterprises, serving the base of the socio-economic pyramid in Mexico and other Latin American countries. By providing effective responses to the enormously underserved needs of low-income populations, both as consumers as well as active participants in productive value chains, IGNIA empowers entrepreneurship and generates social impact.
Why we invested
IGNIA’s co-founders are a dynamic and innovative management team. Both are leaders in the field of microfinance and in the creation and distribution of new products and services for base of the pyramid populations – those living on US$8 or less a day in IGNIA’s target markets. Our aim is to be able to transfer valuable lessons from this investment to other countries in in similar stages of development.
Key Facts
Region: Mexico
Investment type: Investment Fund
Investment amount: $5,000,000
Size: $71,666,666
Website: http://www.ignia.com.mx
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Primedic
Primedic is a healthcare company in Monterrey, Mexico, that delivers high-quality and affordable basic health services to those at the bottom of the socioeconomic pyramid (annual income of less than US$3,500). It operates three clinics and a radiology center that are funded by IGNIA, an investment fund supported by SEDF...
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