About IDC
IDC is a company based in Sandton (South Africa) founded in 1940. It operates as a Professional Services, and Brokerage / Intermediation. IDC offers products and services including Industry Sector Funding, Tailored Funding Products, Crisis Funding, and Energy Funding.
- Headquarter Sandton, South Africa
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Industrial Development Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$224.03 M (USD), Debt – Conventional
Jul 01, 2013
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of IDC
IDC offers a comprehensive portfolio of products and services, including Industry Sector Funding, Tailored Funding Products, Crisis Funding, and Energy Funding. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Funding is provided for various industrial sectors.
Customized funding solutions are offered for businesses.
Emergency funding is provided during unforeseen crises.
Support is given for energy-related business solutions.
Unlock access to complete
Funding Insights of IDC
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $224.0M
-
First Round
First Round
(01 Jul 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Debt – Conventional - IDC | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by IDC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - IDC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Idc Comparisons
Competitors of IDC
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Idc
Frequently Asked Questions about IDC
When was IDC founded?
IDC was founded in 1940 and raised its 1st funding round 73 years after it was founded.
Where is IDC located?
IDC is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Who is the current CEO of IDC?
Tshokolo Nchocho is the current CEO of IDC.
What does IDC do?
Industrial development across South Africa and Africa is facilitated by the Industrial Development Corporation (IDC). Various sectors including agro-processing, energy, mining, and tourism are supported through funding solutions. Tailored funding products, crisis funding, and energy funding initiatives are provided to promote sustainable economic growth. Entrepreneurship is encouraged by building competitive industries based on sound business principles. Community support and social responsibility are emphasized through disaster relief and educational programs. Economic empowerment of the South African population is prioritized to ensure prosperity for all citizens.
What products or services does IDC offer?
IDC offers Industry Sector Funding, Tailored Funding Products, Crisis Funding, and Energy Funding.