Mumbai, May 23 -- The Canada Pension Plan Investment Board (CPPIB), operating as CPP Investments, saw its India portfolio touch a record C$30 billion (about $22.7 billion) in net assets in 2024-25, showed its latest annual report.

Its key investments of the fiscal year were $100 million (C$137 million) in private equity fund Kedaara Capital's new fund and an undisclosed amount in venture capital firm Accel's eighth fund.

It also infused $100 million (C$137 million) alongside PE firm PAG for about a 14% stake in the combined entity of Manjushree Technopack and Pravesha.

It invested another $100 million (C$137 million) alongside EQT Private Capital Asia for a 5% stake in Perficient Inc., $8 million (C$11 million) in edtech startup Erudit...