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Investcorp to invest $400 mn in Indian school infra, warehousing

2022-05-27

Co-Chief Executive of Investcorp, Rishi Kapoor, told the media that the company has planned to deploy $400 million into Indian school infrastructure and warehousing as it seeks to expand investments in South Asian nations.

The company has already invested $500 million in 13 companies in India, including FreshToHome and ASG Eye Hospitals. It also plans $400 million in funds for private equity investments in India.

At the World Economic Forum in Davos, Kapoor said that the company would deploy $400 million over four years in the Indian real estate market.

School infrastructure and a warehousing sector will be the two focus segments which are booming a rapid expansion of e-commerce in the country with a population of 1.4 billion people.

India is witnessing unprecedented growth in e-commerce and logistics, with companies like Amazon and Flipkart committing billions of dollars in investment.

Another emerging sector is clean mobility, and Investcorp will also target investments in the clean energy and climate technology sector.

The $400 million funds will be used to target sectors like health and wellness and consumer technology.

General Atlantic told the media that it plans to push $2 billion into India and Southeast Asia markets over the next two years after falling valuations made startups more attractive in the region.

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Also read: Annual warehousing transactions increases to 76.2 mn sq ft by FY26