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.
Read more: VCCircle
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.