This content is from: Innovation

Apollo To Invest $1B In India

Apollo Global Management is seeking to invest nearly $1 billion in India.

Apollo Global Management is seeking to invest nearly $1 billion in India, Mint reports. The private equity fund will allocate the investment over a period of 12 months. Till now, Apollo has invested $100 million in Dish TV India and $350 million in Welspun Group.

Apollo is considering investment in diverse sectors in the country, including real estate, metals, auto components, media, oil and gas and other natural resources. Three of its 15 investment professionals in India are presently focused on real estate. Apollo may also invest in debt.

Click here for the story from Mint.

Related Content