Private equity firm, 3i India group has invested nearly 101 million dollar for a minority stake in Hyderabad-based engineering and construction firm, Soma Enterprise.
The funding has been exercised through its investment fund, 3i India said in a press release on Monday.
Soma enterprise has an order-book in excess of 1.6 billion dollar and is specialising in multi-disciplinary engineering, procurement and construction contracts across various segments, it said.
3i India Infrastructure is targeting a commitment of one billion dollar and is targeting a balanced portfolio of investment in the country, it added. (Times of India)