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New Delhi [India], March 13 (ANI/PRNewswire): NCR-based Industrial and Logistics real estate developer Pragati Group, has raised USD 200 Million of equity capital from a Private Equity fund based in Singapore. Pragati has been offering customized warehouse development solutions since its inception in 2010 to top MNCs like Amazon India, Flipkart, DHL-Bluedart, Bosch, Daikin, and many more. The Singapore based fund has committed to invest $200 Million with Pragati Group towards development of industrial and logistics real estate assets as per the deal signed in Q3 FY 2022. Part of the deal involved acquisition of 2 international grade operational assets of approx. 2 million sft of GLA in NCR, Pragati One & Pragati Farukhnagar Logistics Parks, providing successful exit to the previous financial partner Morgan Stanley. Part of the deal also saw this fund acquire an equity stake in Pragati. Col. Jitender Yadav, Founder of Pragati Group said, "Pragati's vision is to be one of th

New delhiJitender yadavPragati farukhnagarMorgan stanleyPragati groupFounder of pragati groupPrivate equityAmazon indiaPragati onePragati farukhnagar logistics parksNew delhi indiaArch 13 ani prnewswire ncr based industrial and logistics real estate developer pragati groupAs raised usd 200 million of equity capital froma private fund based in singapore pragati has been offering customized warehouse development solutions since its inception 2010 to top mncs like amazon indiaHl bluedartNd many more the singapore based fund has committed to invest 200 million with pragati group towards development of industrial and logistics real estate assets as per deal signed in q3 fy 2022 part involved acquisition 2 international grade operational approx sft gla ncrRagati one amp pragati farukhnagar logistics parks