The India Agritech Facility (BMGF-IAF) de-risks IFC’s early-stage equity investments in agriculture technology (agritech) companies in India and aims to develop solutions for Indian smallholder farmers by investing in private sector-led innovations in agriculture technology and business models that have the potential to be deployed at scale. The facility, which was launched in 2018, helps demonstrate investment models that successfully balance sector risks, commercial success and impact goals, with the potential to attract additional sources of investment capital. It also strengthens the partnership between The Bill & Melinda Gates Foundation and IFC, capitalizing on the shared vision of achieving inclusive agricultural transformation and the complementary strengths of agriculture teams in the two organizations.