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Welspun One Funding: Welspun One raises Rs 300 crore to fund logistics parks


Synopsis
Launched early this year, this is the first warehousing AIF for domestic investors, the company said in a statement, adding Sanctum Wealth Management, Edelweiss and Incred Wealth will be the key distributors of the fund.
Welspun One Logistics Parks has raised over Rs 300 crore from a set of investors comprising domestic high-net-worth investors and family offices. The category II alternative investment fund is an integrated funding, development and asset management platform and is backed by the Welspun Group and has set a target of investing Rs 1,900 crore over the next three-four years.
Launched early this year, this is the first warehousing AIF for domestic investors, the company said in a statement, adding Sanctum Wealth Management, ....

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