Other Private Equity/Strategic Investments
NIIF-backed Aseem Infra Finance raises funds from Japan's Sumitomo Mitsui Banking
Mumbai-based NBFC – IFC (infrastructure finance company) Aseem Infrastructure Finance Ltd (AIFL) has raised funds from Japan-based Sumitomo Mitsui Banking Corporation (SMBC). AIFL was earlier incubated by NIIF through its Strategic Opportunities Fund (SOF). AIFL, together with its associate NIIF Infrastructure Finance (NIIF IFL), an NBFC-IDF (infrastructure debt fund), seeks to address infrastructure debt needs. The two NBFCs have jointly disbursed over INR 10,000 crore in YTD FY22.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
