India Business Excellence Fund is sponsored by Motilal Oswal Financial Services Limited (“MOFSL”), one of the most reputed financial services firms in India. The Fund was successfully closed in December, 2007 with a corpus of US$125 mln from both Indian and Overseas investors.

The primary investment objective of the Fund is to achieve long-term capital appreciation by providing financial, strategic and operational assistance to emerging companies in the MME space. The Fund has been formed for the purpose of making growth related investments through equity and equity-linked instruments in Indian companies. A typical IBEF investee company has a sustainable competitive advantage, dynamic & credible management team, established track record with stable & consistent cash flows.

Investments by the Fund will not be limited to any specific industry sector. However, the Fund will actively pursue investment opportunities in the following sectors:

Food Processing, Retailing (except multi brand retailing), Lifestyle & Leisure, Consumer durables & electronics, Information Technology, Logistics, Financial Services, Education & related services, Knowledge/Business Process Outsourcing, Media & entertainment and Construction.