🚀 Business & Startups🇮🇳 India
TPG, GIC, and ICICI Bank Buy Aseem Infrastructure Finance for ₹5,000 Crore
mint - companies·Tuesday, 7 July 2026
Private equity firm TPG, Singapore's sovereign wealth fund GIC, and ICICI Bank have jointly acquired Aseem Infrastructure Finance for ₹5,000 crore. Aseem focuses on lending to renewable energy, power transmission, and other infrastructure projects in India. It was originally set up in 2020 by the National Investment and Infrastructure Fund, India's government-backed investment arm.
Why It Matters
Big global money flowing into India's infrastructure lending signals strong confidence in the country's energy and infrastructure build-out — which could ultimately mean more power projects and better infrastructure for everyday Indians.
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