The IDFC-Rabo initiative was aimed at delivering mainly advisory services and to a limited extent financial assistance to projects for developing integrated transport/logistics, dedicated agri-ports, warehousing, commodity exchanges, value added centers and establishment of cold chain networks, Rabo India, managing director Rana Kapoor told reporters here.

"Both the companies together will identify and implement commercially viable projects in the F&A area by building business and financial models so as to attract corporates and banks to fund them," Kapoor explained.

For IDFC, which was currently channeling private capital into financing projects in the power, telecom, integrated transport logistics and water supply, the alliance was a best fit in terms of its own strength in infrastructure projects development and Rabo's knowledge and understanding of the F&A business, IDFC managing director Nasser Munjee said.

Initially, the initiative would focus on F&A projects in Maharashtra, Gujarat and Karnataka, he said adding, a core team for the F&A initiative would be put in place at the IDFC soon.

The alliance would predominantly provide advisory services but in cases where funding for viable projects was not forth coming from corporates and banks both partners would chip in funds by way of seed capital.