Rajeev Misra's One IM invests $50-M in Shapoorji Pallonji Group

One IM, a USD 7-Billion fund headed by Rajeev Misra, who stepped back from his executive role at SoftBank Vision Fund a year ago, has invested USD 50 million in Shapoorji Pallonji Group, making its debut in India. The credit infusion was part of USD 1.7 Billion being raised by the Shapoorji Pallonji Group through a bond sale that closed recently.