Brookfield to Invest Close to $1 Billion in India’s Avaada Group

Canadian investor Brookfield is in advanced discussions to invest up to $1 billion through multiple tranches in Avaada Ventures Pvt Ltd (AVPL), parent entity of Avaada Group. The first tranche of $400 million has been paid out. As programs scale up, the remaining $600 million will be allocated depending on performance-related milestones. Upon completion...

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