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The India-Japan Fund (IJF), managed by the National Investment and Infrastructure Fund Limited (NIIF), is set...

NIIF Investment In Mahindra Last Mile Mobility: India-Japan Fund is managed by National Investment and Infrastructure Fund Limited and the investment is at a valuation of up to INR 6,600 crore, resulting in IJF’s stake in Mahindra Last Mile Mobility, an electric three-wheeler maker, ranging between 6.06% and 8.25%.

Sanjiv Aggarwal will join the $5 billion sovereign-linked pension fund from U.K. investment firm Actis.

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Aggarwal has significant experience in the infrastructure and energy sectors. He joined Actis, a leading global investor in sustainable infrastructure, in 2008, where he became a partner in 2010. He has till recently been responsible for Actis energy investments in Asia including India, stated a press release.