Investcorp

Investcorp Real Estate, 6 others settle AIF rule violation case with Sebi

Investcorp Real Estate Yield Fund and six others have settled with markets regulator Sebi a case of flouting Alternate Investment Funds (AIF) rules on payment of Rs 25.5 lakh towards settlement amount. Apart from Investcorp Real Estate Yield Fund, Investcorp India Asset Managers, Ajay Kumar, Niraj Sirsalewal, Ritesh Vohra, Gaurav Sharma and IDBI Trusteeship Services Ltd have settled the case. The order came after the entities filed applications proposing to settle the proceedings that may be initiated against them for the violation of the provisions of the AIF Regulations, through a settlement order and remitted Rs 25.50 lakh. In its settlement order passed on Friday, Sebi said the "specified proceedings, in respect of which the notice was issued, are hereby settled in respect of the applicants". While examining the matter, Sebi observed that the tenure of the Investcorp Real Estate Yield Fund had been extended beyond 2 years and that its investments had not been liquidated within

Global alternative firm Investcorp acquires NSEIT for Rs 1,000 crore

NSEIT is a leading provider of advanced digital transformation and cybersecurity services focused on global customers in capital markets, insurance, and banking

Investcorp leads Rs 340-cr funding to packaging firm Canpac Trends

Global alternative investment firm Investcorp has led an investment of Rs 340 crore (USD 41 million) in the paper-based packaging solutions provider Canpac Trends, companies said in a joint statement on Friday. The transaction provides a partial exit to JM Financial's second India fund that has been invested in Canpac since 2021. Founded by Nilesh Todi, Ahmedabad-based Canpac makes folding cartons, which have diverse end-use in fashion and retail, food and food services, FMCG, and industrial products. It also makes paper bags, luxury boxes, corrugated cartons and flexible laminate solutions. Canpac has four manufacturing plants in Ahmedabad, Kolkata and Tiruppur in Tamil Nadu, apart from an R&D facility. The investment will help Canpac expand its production footprint to more manufacturing hubs, apart from scaling up sales capabilities, Canpac founder Nilesh Todi said. Gaurav Sharma, head of India investment business at Investcorp, said paper packaging champions sustainability, a .

Investcorp makes addl Rs 500 crore investment in NDR Warehousing

Investcorp, a global investment manager specialising in alternative investments, has pumped in Rs 500 crore more into NDR Warehousing. This is the second investment that the fund has made into the warehouse development and operating platform. It had invested USD 55 million last year, the fund said in a statement Monday. Investcorp's India real estate team invests in real estate projects located in top tier cities and so far, it has deployed over USD 350 million across the warehousing, residential and education related sectors broadly with a social infrastructure focus. NDR has a diversified asset portfolio comprising warehouses across 10 cities including Chennai, Mumbai, Coimbatore and Kolkata, offering over or 14 million square feet area with an aggregate occupancy rate of over 95 per cent. It also has around 5 million square feet under construction. NDR is considering listing part of its warehousing portfolio as an Infrastructure Investment Trust (InvIT) later this year. "Our s

Sleep solutions firm Wakefit raises $40 mn in funding from Investcorp

Start-up will use money for expanding manufacturing and supply chain capabilities

Investcorp plans major ramp up of India assets to $5 billion: Alardhi

The Middle East firm expects to reach $5 billion of assets in India in the next five years, up from just over $600 million currently, or 1.5% of the $42.7 billion in assets managed by Investcorp

Investcorp targets $400 mn at Indian school infrastructure, warehousing

Investcorp now has plans to deploy $400 million over four years on real estate in India, Rishi Kapoor said in an interview at the World Economic Forum in Davos

Contract drug maker V-Ensure gets Rs 130 cr from Investcorp, Tanas Capital

Founded in 2010, V-Ensure is into specialty pharmaceutical formulations focused on complex generics for regulated markets

Investcorp exits Rs 135-cr structured credit investment in PBEL City

Deal is a milestone for firm's India residential credit biz; Against Rs 1,500 cr raised for this strategy, Investcorp has already made profitable exits exceeding Rs 1,350 crore in gross proceeds

Wingreens raises $17 mn from Investcorp and Omidyar Network India

Wingreens, a business committed to Women's empowerment, is focused on capturing changing consumer preferences towards healthier and "better for you" products

We look to continue the pace of investing: Investcorp's Gaurav Sharma

'Indian conglomerates and companies have realised the importance of both tech and tech-enabled businesses', said Gaurav Sharma

We do have banking ambitions, says Incred Group's Bhupinder Singh

BHUPINDER SINGH, the shadow banking entity's founder and chief executive officer, spoke to Raghu Mohan

Bahrain's Investcorp invests in Indian logistics start-up Xpressbees

Indian newspaper reports have reported that Xpressbees raised $110 million in its latest funding round

Investcorp infuses Rs 316 crore in dialysis service provider NephroPlus

NephroPlus' will use the primary capital raised in this round for organic growth in India and to take its business model to other markets, starting with Southeast Asia

Investcorp marks first direct investment in India with IDFC acquisition

The acquisition is expected to close on Thursday.

PE firm Investcorp looks to make direct investments in China, India

Investcorp has invested in India and Asia through its portfolio companies, but is now scouting both markets for potential direct investments

Investcorp adds HDFC Chairman Deepak Parekh to international advisory board

Parekh is also the non-executive chairman in India of Siemens, GlaxoSmithKline, BAE Systems India