Developing World Markets

North America, Connecticut, United States, Stamford

Description

Developing World Markets is an asset manager and investment bank dedicated to making socially positive investments

Investor Profile

Developing World Markets has backed more than 5 startups, with 1 new investments in the last 12 months alone. The firm has led 2 rounds, about 40% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

Concentrates on Debt Financing, Private Equity, Series Unknown rounds (top funding stages).
Majority of deals are located in India, France, United States.
Strong thematic focus on Finance, Financial Services, Energy.

Stage Focus

Debt Financing (40%)
Private Equity (40%)
Series Unknown (20%)

Country Focus

India (40%)
France (40%)
United States (20%)

Industry Focus

Finance
Financial Services
Energy
Fintech
Banking
Insurance
Lending
Manufacturing
Renewable Energy
Solar

FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Developing World Markets frequently co-invest with?

Mirova

Europe, Ile-de-France, France, Paris

Co-Investments: 1

Triodos Bank

Europe, Utrecht, The Netherlands, Zeist

Co-Investments: 1

BlueOrchard Finance S A

BlueOrchard Finance S A

Europe, Geneve, Switzerland, Geneva

Co-Investments: 1

AXA Group

Europe, Ile-de-France, France, Paris

Co-Investments: 2

Calvert Impact Capital

Calvert Impact Capital

North America, Maryland, United States, Bethesda

Co-Investments: 1

SunFunder

Africa, Nairobi Area, Kenya, Nairobi

Co-Investments: 1

Social Investment Managers & Advisors

Social Investment Managers & Advisors

North America, New York, United States, New York

Co-Investments: 1

OPIC - Overseas Private Investment Corporation

OPIC - Overseas Private Investment Corporation

North America, District of Columbia, United States, Washington

Co-Investments: 1

Omidyar Network

Omidyar Network

North America, California, United States, Redwood City

Co-Investments: 1

What are some of recent deals done by Developing World Markets?

Mufin Green Finance

Delhi, Delhi, India

Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.

Electric VehicleFinancial Services

Post Ipo DebtJul 15, 2025

Amount Raised: $6,500,000

Jaipur, Rajasthan, India

Namdev Finvest operates a non-banking finance platform that provides loans to rural and semi-urban agriculture.

Electric VehicleEnergyFinanceFinancial Services

Debt FinancingNov 27, 2024

Amount Raised: $38,000,000

Palo Alto, California, United States

d.light designs, manufactures, and distributes solar lighting and power products, particularly targeting off-grid communities.

EnergyManufacturingRenewable EnergySolar

Debt FinancingJul 1, 2019

Amount Raised: $18,000,000

Mumbai, Maharashtra, India

Ashv Finance provides debt finance and skills support to small and growing businesses in India.

BankingFinanceFinancial ServicesInsuranceLending

Series UnknownJun 14, 2016

Amount Raised: $20,140,000

Paris, Ile-de-France, France

Baobab is a digital finance company focusing on financial inclusion in Africa and China.

FinanceFinancial ServicesFinTech

Private EquityFeb 10, 2010

Amount Raised: $10,023,259

Paris, Ile-de-France, France

Baobab is a digital finance company focusing on financial inclusion in Africa and China.

FinanceFinancial ServicesFinTech

Private EquityAug 8, 2008

Amount Raised: $9,922,499