India Digest: Brookfield mulls $1b investment in Avaada; The Ayurveda Co. raises $12m

India Digest: Brookfield mulls $1b investment in Avaada; The Ayurveda Co. raises $12m

Photo by Katherine Hanlon on Unsplash

Brookfield Asset Management is reportedly in talks for a $1-billion investment in an Indian renewable energy company in Avaada Group. Separately, The Ayurveda Co. (T.A.C) has raised about $12.2 million in its Series A round.

Brookfield in talks to invest in Avaada

Brookfield Asset Management is in talks to invest $1 billion in multiple tranches in Avaada Ventures Pvt Ltd (AVPL), the parent entity of Avaada Group, according to a report in The Economic Times.

Edited by: Padma Priya

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter