India: Clearwater-backed Altico Capital gets board nod to raise over $300m debt

India: Clearwater-backed Altico Capital gets board nod to raise over $300m debt

Sanjay Grewal, CEO, Altico Capital

Altico Capital India Pvt. Ltd, a non-banking financial company (NBFC) backed by Asia-focused investor Clearwater Capital Partners LLC, Abu Dhabi Investment Council and Varde Partners Inc., plans to invest around Rs 3,000 crore in real estate projects in the next five months with focus on construction financing.

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