About GuarantCo
GuarantCo, established in 2005, is a social impact fund primarily based in London, United Kingdom. It primarily finances Conventional Debt rounds for companies based in Bangladesh. Its portfolio includes 18 firms, spanning the Financial Services, Energy sectors.
As of Aug 2026, GuarantCo has 1 unicorn under its belt and has witnessed 3 portfolio exits. Its most notable investments include companies like Vivriti Capital, K-Electric and Akuo Energy.
Its latest investment was a $30M Conventional Debt round in Vivriti Capital on Dec 12, 2023 along with Axis Bank.
Key Metrics
Founded Year
2005
Location
London, United Kingdom
Portfolio Companies
Sectors of Investment
Stages of Investment
Conventional Debt & Grant (prize money)
Unicorn in Portfolio
GuarantCo's List of Top Investments
GuarantCo has a portfolio of 18 companies, one of which is a Unicorn. Their most notable investments include Vivriti Capital and K-Electric.Their portfolio spans across Pakistan, India, Kenya and 9 more locations. They have invested in Financial Services, Energy, Environment and 15 other sectors, across stages such as Conventional Debt, Grant (prize money) stages. Here is the list of top investments by GuarantCo:
Provider of technology-enabled debt financing solutions to mid-market enterprises. It offers a broad range of business lending solutions, including term loans, working capital financing, supply chain finance, factoring, co-lending, securitization, loan against property, loan against shares, and non-convertible debentures. Leveraging digital underwriting, data-driven credit assessment, and proprietary technology platforms, it enables faster access to customized debt capital for SMEs, mid-sized enterprises, large corporates, and retail NBFCs across multiple sectors, helping businesses scale and improve access to institutional financing.
Key facts about Vivriti Capital
- Founded Year: 2017
- Location: Chennai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $205M
- Employee Count: 704 as on Mar 31, 2025
- Investors: TVS Capital Funds, Axis Bank and 22 Others
- Latest Funding Round: Conventional Debt, Sep 30, 2024, $*****
- Highlight: Editors' Pick
2. K-Electric
K-Electric which was formerly know as Karachi Electric Supply Cmpany is the only vertically-integrated power utility in Pakistan that manages the generation, transmission and distribution of electricity to the city. The Company covers a vast area of over 6,500 square kilometers and supplies electricity to all the industrial, commercial, agricultural and residential areas that come under its network, comprising over 2.2 million customers. The entity was nationalized in 1952 but re-privatized on November 29, 2005.
Key facts about K-Electric
- Founded Year: 1913
- Location: Karachi (Pakistan)
- Stage: Acquired
- Total Funding till date: $361M
- Employee Count: 11,454 as on Jul 31, 2026
- Investors: GuarantCo, The Abraaj Group and 1 Other
- Latest Funding Round: Conventional Debt, Apr 12, 2022, $*****
- Highlight: Acquired
3. Akuo Energy
Akuo Energy is a renewable energy developer with projects in Solar, Wind, Marine, Biomass and Hydro. The company has an installed capacity of 560 MW and have implantations in ten countries – France, the United States, Uruguay, Croatia, Poland, Dubai, Indonesia, Turkey, Morocco and Australia. They are targeting an installation base of 3,500 MW by 2022.
Key facts about Akuo Energy
- Founded Year: 2007
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $94.2M
- Employee Count: 540 as on Jul 31, 2026
- Investors: Eiffel Investment Group, Smalt Capital and 9 Others
- Latest Funding Round: Grant (prize money), Oct 01, 2020, $*****
- Highlight: Acquired
Small finance bank. Its offering loans to entrepreneurs for the acquisition of commercial vehicles. It offers personal, home, gold, loan against vehicles, SME, and affordable housing loans. The bank also offers life, health, motor, and social security insurance.
Key facts about AU Small Finance Bank
- Founded Year: 1996
- Location: Jaipur (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $136M
- Investors: WestBridge Capital, TA Associates and 33 Others
- Latest Funding Round: Post IPO, Aug 26, 2022, $*****
GuarantCo's Year-on-Year Investment Trends
GuarantCo has invested in 18 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Vivriti Capital and most recent follow-on round was in Kacific.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 1 | 1 |
2019 | 2 | 0 | 2 |
2018 | 1 | 0 | 1 |
GuarantCo's Investments by Stage
GuarantCo has made 5 investments in Conventional Debt stage with an average round size of $75M and 1 investment in Grant (prize money) stage with an average round size of $800K.Stage of entry | No. of Investments |
|---|---|
Conventional Debt | 5 |
Grant (prize money) | 1 |
Note: We have considered here, only first round of investments
GuarantCo's Investments by Sector
GuarantCo has a diverse portfolio, with companies operating in the Aerospace, Maritime and Defense Tech, Auto Tech, Business Services, Conglomerates and Consumer Goods. Notably, it has invested in 11 Enterprise (B2B) companies, 10 Consumer (B2C) companies, 4 Tech companies and at least 3 companies focusing on Social impact.Sector | No. of Investments |
|---|---|
Aerospace, Maritime and Defense Tech | 1 |
Auto Tech | 1 |
Business Services | 1 |
Conglomerates | 1 |
Consumer Goods | 1 |
Others | 12 |
Note: We have considered here, only first round of investments
GuarantCo's Investments by Geography
GuarantCo has made most investments in Bangladesh (1), followed by France where it has made 1 investment.Country | No. of Investments |
|---|---|
Bangladesh | 1 |
France | 1 |
India | 1 |
Kenya | 1 |
Pakistan | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
GuarantCo's recent investments
GuarantCo has not made any investment in 2026 so far.Here are the most recent investments by GuarantCo:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 12, 2023 | India | Conventional Debt | 8414 | ||
Aug 05, 2023 | Kenya | Conventional Debt | 6863 | ||
May 31, 2021 | Bangladesh | Conventional Debt | 7183 | - | |
May 21, 2020 | Singapore | Grant (prize money) | 8237 | - | |
Dec 06, 2019 | Singapore | Conventional Debt | 3688 |
Unicorns in GuarantCo's Portfolio
GuarantCo has 1 unicorn in its portfolio - Vivriti Capital. The most recent unicorn in their portfolio is Vivriti Capital which became a unicorn in 2022, 1 years before GuarantCo first invested in it.Here is a list of unicorns in GuarantCo's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Provider of technology-enabled debt financing solutions to mid-market enterprises | 2017 | Chennai | Series D | rakzpjb |
Acquired companies in GuarantCo's Portfolio
3 companies from GuarantCo's portfolio have been acquired. The most recent acquisition was Akuo Energy in Mar 2025 by Ardian for $*****.Here are GuarantCo's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 25, 2025 | Jan 29, 2018 | Conventional Debt | 6843 | |
Aug 03, 2023 | - | - | 5341 | |
Mar 04, 2020 | - | - | 1671 |
Co-investors of GuarantCo
Over the past 8 years, 36 investors have co-invested in GuarantCo's portfolio companies. This includes funds and angels.
- Invested before GuarantCo: Lightrock, Gaurav Kumar and 18 others have invested in rounds before GuarantCo. There is 1 company where Lightrock has invested before GuarantCo and 1 company where Gaurav Kumar has invested before GuarantCo.
- Top Co-investors of GuarantCo: 7 investors entered a company along with GuarantCo. These include investors like Axis Bank (1 company).
- Invested after GuarantCo: A total of 9 investors have invested in GuarantCo's portfolio after their investments. Top Investors include Asian Development Bank (1 company) and Europa (1 company).
Recent News related to GuarantCo
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GuarantCo backs ₹2.5bn loan to Arya.ag, boosting India's farm sector liquidity.Businessnewsthisweek•Jan 23, 2025•GuarantCo, HSBC, Arya.ag
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Chariot’s Etana secures $100mln guarantee finance for renewable projects in South AfricaProactive Investors•Dec 04, 2024•Etana, Chariot, GuarantCo, British International Investment and 1 other
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Axis Bank extends Rs 1 bn loan to Muthoot Capital to Accelerate E-Mobility in IndiaDailyexcelsior•Sep 30, 2024•Axis Bank, GuarantCo, Muthoot Capital Services
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EV company, Spiro raises $50m debt funding from Afreximbank to accelerate expansionCoinMarketCap•May 20, 2024•Spiro, Afreximbank, Societe Generale, GuarantCo
