Monday, Apr 29 2024 | Time 06:54 Hrs(IST)
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Business Economy


Roadway Solutions India Infra Ltd secures USD 120 mn investment

Pune, Mar 16 (UNI) Roadway Solutions India Infra Ltd (RSIIL), a leading city-based infrastructure company, has entered into a memorandum of understanding (MoU) with esteemed AG Dynamic Funds Limited for an investment of USD 120 million.
This strategic collaboration represents a significant milestone in RSIIL’s pursuit of its billion-dollar target.
The investment raised will accelerate growth and strengthen RSIIL’s market presence.
RSIIL has been at forefront of delivering high-quality infrastructure solutions, with a focus on road construction and development.
AG Dynamic Funds Ltd is an India-focused fund based out of Mauritius, which invests in both primary (pre-IPO & IPO) and secondary markets.
This investment follows the successful completion of RSIIL’s commissioned work exceeding Rs 4,000 crore from NHAI in Gujarat, taking the order book to Rs 9,000 crore, a press release said here on Saturday.
UNI SP SS
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