May 31

Investcorp Targets $400 Million at Indian School Infrastructure, Warehousing

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.

Photo courtesy of Alireza Attari.

Source: Reuters (link opens in a new window)

Education, Investing
impact investing, infrastructure, startups