NDR Warehousing bags ₹500 crores in funding from Investcorp ... - Business Outreach

NDR Warehousing has filed a draft placement memorandum with India's Securities and Exchange Board of India (Sebi) to raise ₹1,165 crore through an infrastructure investment trust (InvIT). The funds will be used to repay construction-related loans. This privately listed InvIT is a first for a warehousing company, marking a milestone in the sector. NDR Warehousing recently secured ₹500 crore in funding from Investcorp. The company has a portfolio of 33 warehouses across 12 cities and plans to expand further. The Indian warehousing sector has attracted significant investment in recent years.

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