StartupsINVESTAnnounced
NIIF secures ₹19,000 crore first close for its second fund
Mumbai, Maharashtra· company base31 Aug 2026
NIIF raised ₹19,000 crore as a first close for its second fund, according to the report. The fund was anchored by the Union government, with participation from overseas sovereign funds and Indian financial institutions.
Why it matters
A first close commits capital that NIIF can begin deploying into investments, potentially enabling new infrastructure and growth projects in India.
NIIF