Funding round
NIIF Infrastructure Growth
Reported as "Growth Equity"
NIIF Infrastructure, which works in infrastructure project financing in Mumbai, raised $810M in a Growth round announced on 25 Nov 2020, led by Government of India. 1 firm took part.
$810M
Amount raised
60,000,000,000 INR converted
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
NIIF Infrastructure did not disclose a valuation in this round. It is NIIF Infrastructure's first venture round on record, 6 years after it was founded in 2014. No later venture round is on record for NIIF Infrastructure.
NIIF Infrastructure's funding rounds
This is the only venture round on record for NIIF Infrastructure.
- Growth this round 25 Nov 2020, led by Government of India $810M
Investors
Who put money in
Government of India led the round.
Lead investor
- Government of India new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
27 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $60M, and this round was 14 times the median. The closest in time, other companies' Growth rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 23 Oct 2020 | $50M | not disclosed | not named |
| GoodLeap Loans & Financing | 27 Jan 2021 | $800M | not disclosed | New Enterprise Associates and WestCap |
| Loans & Financing | 2 Sep 2020 | $180M | not disclosed | Centerbridge Partners |
| Capchase Loans & Financing | 12 Jan 2021 | $60M | not disclosed | i80 Group |
| Loans & Financing | 12 Jan 2021 | $40M | not disclosed | SoftBank Latin America Fund and Shift Capital |
| Loans & Financing | 10 Feb 2021 | $42M | not disclosed | not named |
| Loans & Financing | 9 Mar 2021 | $50M | not disclosed | Siemens Next47 and Raptor Group |
| Loans & Financing | 30 Mar 2021 | $30M | not disclosed | Nuveen Global Impact Strategy |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did NIIF Infrastructure raise in its Growth round?
NIIF Infrastructure raised $810M in its Growth round, announced in Nov 2020.
Who led NIIF Infrastructure's Growth round?
Government of India led it.
What was NIIF Infrastructure's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Loans & Financing?
27 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $60M, and this round was 14 times the median.