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Warehousing Developer Pragati Group raises USD 200 million from Singapore based fund - Vimarsana News

Warehousing Developer Pragati Group raises USD 200 million from Singapore based fund

New Delhi [India], March 13 (ANI/PRNewswire): NCR-based Industrial and Logistics real estate developer Pragati Group, has raised USD 200 Million of equity capital from a Private Equity fund based in Singapore. Pragati has been offering customized warehouse development solutions since its inception in 2010 to top MNCs like Amazon India, Flipkart, DHL-Bluedart, Bosch, Daikin, and many more. The Singapore based fund has committed to invest $200 Million with Pragati Group towards development of industrial and logistics real estate assets as per the deal signed in Q3 FY 2022. Part of the deal invol...

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New DelhiJitender YadavPragati FarukhnagarMorgan StanleyPragati GroupFounder Of Pragati GroupPrivate EquityAmazon IndiaPragati OnePragati Farukhnagar Logistics ParksNew Delhi IndiaArch 13 Ani Prnewswire Ncr Based Industrial And Logistics Real Estate Developer Pragati GroupAs Raised Usd 200 Million Of Equity Capital Froma Private Fund Based In Singapore Pragati Has Been Offering Customized Warehouse Development Solutions Since Its Inception 2010 To Top Mncs Like Amazon IndiaHl BluedartNd Many More The Singapore Based Fund Has Committed To Invest 200 Million With Pragati Group Towards Development Of Industrial And Logistics Real Estate Assets As Per Deal Signed In Q3 Fy 2022 Part Involved Acquisition 2 International Grade Operational Approx Sft Gla NcrRagati One Amp Pragati Farukhnagar Logistics ParksRoviding Successful Exit To The Previous Financial Partner Morgan Stanley Part Of Deal Also Saw This Fund Acquire An Equity Stake In Pragati Col Jitender YadavOunder Of Pragati Group SaidUot Pragati 39s Vision Is To Be One Of The Top 5 Industrial Amp Logistics Real Estate Developers In Country By Developinga Portfolio Spanning 30 Million Sq Ft Across Key Tieri And Tier Ii Indian Cities With Best Class Gradea Specifications Sustainability Esg At Heart Our Business Has An Excellent Track Record Working World Companies Like AmazonOsch Etc And This Capital Will Enable Us To Expand Other Major Cities In India Quot Headquartered Out Of Delhi NcrIth Regional Offices In Other Parts Of The CountryRagati Group Has Developed 12 Mn Sq Ft Of Logistics Parks Over The Last 10 Years And Emerged As One Fastest Reliable Developers This Story Been Provided By Prnewswire Ani Will Not Be Responsible In Any Way For Content Article
Business News | Pragati's 'Pragati One' Becomes the First Warehousing Project In India to Receive Gold Certification Under U.S. GBCI Leed V4 - Vimarsana News

Business News | Pragati's 'Pragati One' Becomes the First Warehousing Project In India to Receive Gold Certification Under U.S. GBCI Leed V4

Get latest articles and stories on Business at LatestLY. Pragati which is one of India's leading warehousing developers, has been awarded 'Gold' certification by U.S. GREEN BUILDING COUNCIL & GREEN BUSINESS CERTIFICATION INC. (GBCI) for its warehousing project Pragati One Logistics Park, located at Khijuri in Haryana. Business News | Pragati's 'Pragati One' Becomes the First Warehousing Project In India to Receive Gold Certification Under U.S. GBCI Leed V4.