Asia-focused private equity fund ADV Partners has invested Rs. 685 crore in Feedback Infra, which provides advisory services to the infrastructure and also manages operations and maintenance for power projects and roads.
ADV raised $500 million for its debut fund in 2015 and has a current portfolio of 10 investments across India, China and South East Asia.
Feedback Infra has been providing advisory, engineering and construction management services in the three verticals of transportation, energy and urban infra for close to three decades. Five years ago, operations and maintenance services were added to its portfolio. Read More…
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