3i India Leads $270 Million Investment in GVK Energy

Venture fund 3i India Infrastructure Fund will lead a 12 billion rupee ($270 million) investment in GVK Energy, a unit of GVK Power & Infrastructure, Reuters reported. The investment amounts to a 21.1% stake in the business unit. According to Reuters, 3i India will invest 8 billion rupees ($180 million), and the remaining 4 billion rupees ($90 million) will come from an undisclosed firm.

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