Mumbai, Oct. 15 -- IRB Infrastructure Developers has announced successful completion of the fund-raising of Rs.3,248.43 crore by its sponsored Public InvIT, i.e., IRB InvIT Fund through Institutional Placement of Units (IP).

Commenting on the development, Virendra D. Mhaiskar, Chairman & Managing Director of the Company said, "This strong response from the marquee global and domestic investors is a testament to the trust and credibility that the IRB Group has built over the years. The upsized

IP underscores investor confidence in the Indian infrastructure growth story and in the InvIT platform as a credible, scalable, and transparent vehicle for long-term infrastructure investment. With this fund raise, the InvIT is now well positioned ...