Cedar-IBSi Capital announced its First Close in 2024 and is currently backed by multiple Indian institutional investors including Muthoot Finance, IIFL Capital, and a clutch of family offices. The fund is now one of the region’s only sector specialist funds focused on enterprise software for the Financial Services industry.

Abu Dhabi, October 10, 2025:Cedar-IBSiCapital has received a key commitment fromKSH Investments, the strategic Global investment and Wealth Management arm of the Private Department of H. E. Sheikh Mohamed bin Khalid Al Nahyanin Abu Dhabi,for its debut fund. The fund has firmed up its positioning of being one of the region’sonlysector specialist FinTech funds, with a sharp focus on B2B and enterprise software for the Financial Services industry.