Investcorp will deploy $400 million into Indian school infrastructure and warehousing, as it seeks to expand investments in the South Asian nation, its Co-Chief Executive told Reuters on Monday.
Bahrain-based Investcorp has already invested $500 million in 13 companies in India, including online retailer FreshToHome and ASG Eye Hospitals. It also has a $400 million fund for private equity investments in India, which says it has the world’s fastest growing startup ecosystem.
India is seeing unprecedented growth in e-commerce and logistics, with companies such as Amazon and Walmart’s Flipkart committing billions of dollars in investment.
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