Ind-Barath seeks funding from TPG, Apollo - report
Ind-Barath Power Infra, an Indian power and infrastructure developer, is reportedly negotiating with TPG Capital and Apollo Global Management to raise $150 million, coming after the company cancelled its plans to launch an IPO amid market volatility.
Sources close to the process told Reuters that Hyderabad-based Ind-Barath will use the funding to finance new projects that will boost its power-generation capacity. The firm currently operates eight power...
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