Niif

NIIF names Gauravjit Singh managing partner for capital formation

The former PAG executive will lead NIIF's fundraising and investor relationships after the asset manager mobilised around $3 billion in new equity commitments over two years

CPP Investments commits up to ₹2,070 crore to NIIF Infrastructure Fund II

NIIF Infrastructure Fund II has achieved a first close of ₹19,000 crore, more than 60 per cent of its ₹30,000 crore target, and will invest across key infrastructure sectors

NIIF raises ₹19,000 crore in first close of second infrastructure fund

The first close, anchored by the Government of India and backed by global and domestic institutional investors, surpasses 60 per cent of the fund's target size

NIIF gets $2 bn commitment from global, local investors for infra projects

The National Investment and Infrastructure Fund has raised more than half of its $3.2 billion target from global and domestic investors, including AustralianSuper and Temasek

NaBFID, IIFCL, NIIF merger plan stuck amid inter-departmental reluctance

A proposal to bring three major infrastructure financing institutions under common management remains stalled despite overlapping mandates, similar government backing and growing capital needs

States can unlock dormant assets to power long-term economic growth

How states can create their own investment funds to build the modern cities, highways, power plants, and hospitals they need

Australia's largest pension fund invests $346 ‌million in India's NIIF

The fresh commitment takes the pension fund's total investments in India to A$3.3 billion, ahead of Prime Minister Narendra Modi's business engagements in Australia

TPG partners ICICI Bank, GIC to acquire Aseem Infra Finance from NIIF

TPG, backed by GIC and ICICI Bank, to acquire Aseem Infrastructure from NIIF, strengthening its push into India's climate and infrastructure financing

Govt to add ₹30,000 crore to NIIF to catalyse foreign investments

The Centre's total commitment to the sovereign-anchored fund will rise to Rs 60,000 crore, supporting a new infrastructure fund and attracting global investors

Adani Energy to acquire IntelliSmart for ₹3,050 crore in smart-meter push

The acquisition will take Adani Energy Solutions' smart-meter portfolio to over 4.7 crore units and strengthen its position in power-distribution modernisation

CII calls for India Development and Strategic Fund to finance growth

Industry lobby CII on Sunday urged the government to establish a professionally managed India Development and Strategic Fund to finance the country's long-term growth, resilience, and secure critical economic interests abroad. India needs a twin-armed India Development and Strategic Fund (IDSF) to power growth and secure the country's strategic future, the Confederation of Indian Industry (CII) said. Conceived as a national fund, IDSF would mobilise patient, long-horizon capital to build India's productive capacity at home and secure critical economic interests abroad, it added. CII believes that with disciplined design and funding, IDSF could, over the next two decades, build a managed corpus in the range of USD 1.3 to 2.6 trillion by 2047, comparable in ambition and credibility to the world's leading sovereign investors. The proposed capitalisation roadmap includes a modest initial budgetary allocation to establish credibility, followed by systematic channelling of a share of ass

Governing Council urges NIIF to boost global presence, adopt new strategy

The Finance Ministry has called on NIIF to leverage its sovereign-backed model, diversify funding sources and attract international investors by strengthening its global profile

NIIF plans to raise $2 billion private credit fund, India's largest so far

The fund will focus on performing credit, aiming to channel international capital into the Indian economy

Avaada Energy closes Rs 597 crore refinancing for solar projects

The refinancing was secured from NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund dedicated to refinancing operational infrastructure projects

NIIF IFL to tap family offices to issue Rs 1,500 cr preference shares

Separately, NIIF IFL will also raise up to Rs 3,500 crore through non-convertible debentures to carry out refinancing operations

NIIF gets CCI's approval to acquire additional stake in Ather Energy

The Competition Commission of India has approved the National Investment and Infrastructure Fund's (NIIF) proposal to acquire an additional stake in Ather Energy. The deal was cleared by the competition watchdog under the green channel route. "The acquirer (India-Japan Fund) proposes to acquire certain Series G Compulsorily Convertible Preference Shares of Ather," the regulator said in an order. India-Japan Fund (IJF) is a fund managed by NIIF. The fund focuses on investing in environmental sustainability, and low-carbon emission strategies and promoting investments by Japanese companies in India. The transaction will help IJF further its goals by creating value for the broader market for electric two-wheelers, clean mobility transport solutions, and technology-led last-mile transport vehicles, it added. Ather is engaged in the business of designing and developing electric scooters, while the India-Japan Fund (IJF) is a Sebi-registered alternative investment fund. It focuses on .

ADIA-backed NIIF to seek $4 bn for infrastructure in largest-ever fundraise

The National Investment & Infrastructure Fund, backed by the Indian government and several global investors, is looking to raise money early next year

NIIF-backed Aseem Infra Finance to raise Rs 1,000 crore in equity in FY25

At present, NIIF holds a 59% stake, followed by 31% held by the Government of India, and SMBC holds the remaining 10% stake

NIIF-backed Digital Edge to invest Rs 1,400 cr in Navi Mumbai data centre

Plans to expand capacity to over 300 Mw in 7-8 years; taps SBI for term loan

NIIF commits Rs 207 cr to Amicus for tech-enabled manufacturing, healthcare

National Investment and Infrastructure Fund Ltd (NIIF) on Monday announced a commitment of Rs 207 crore to private equity firm Amicus Capital for supporting tech-enabled speciality manufacturing, healthcare and financial services firms. NIIF Fund of Funds-I, the first fund under its private markets business (PMF-I), has made the commitment to Amicus Capital Partners India Fund II. With a target size of USD 200 million, Amicus Capital Fund II expects to support businesses that leverage technology to scale, early in their growth journey, across sectors such as speciality manufacturing, technology & business services, healthcare, financial services and other sectors, a joint statement said. Founded in 2016, Amicus Capital is an emerging fund manager with a strong track record in the early growth segment, it said. PMF-I backs established and emerging fund managers who have demonstrated a strong track record, an institutional mindset and a commitment to follow high standards of ...