Welspun One, an integrated fund and management development platform, said that it has started the process of raising Rs 4,000 crore, a move that is generating a lot of interest, particularly from international investors.
According to Welspun One, it would also increase the platform's investor base and establish it as a hub for foreign investors looking to gain insight into India's evolving logistics sector.
The company stated that it has already identified a strong pipeline of over 8 million square feet across several assets, and that the fundraising marks a significant milestone in its ambition to double its portfolio size from 16 million square feet to about 32 million square feet by 2028.
According to Welspun One, it has an active pipeline to deploy approximately Rs 1,500 crore in capital-intensive, modern logistics assets.
In addition to obtaining funding, we are also establishing a new benchmark for effectiveness, flexibility, and long-term value generation by partnering with international partners who offer unparalleled experience and skills. Yash Ravel, CEO of Fund Management at Welspun One, stated, "We want to make sure that our tenants, investors, and other stakeholders stand to gain from the next wave of transformative growth."
The company claims that India's rapidly expanding e-commerce and quick commerce sectors have opened up previously unheard-of opportunities in industrial real estate and new-age logistics, which call for high-performance, scalable infrastructure.
"International capital providers look for dependable partners who have a history of investing billions at scale and demonstrated execution skills. Welspun One, which was constructed over the last five years, is in a unique position to accomplish this, giving foreign investors a way to participate in India's rapidly expanding growth story," stated Anshul Singhal, Managing Director of Welspun One.
Welspun One reported that, within six months of its final close earlier this year, it had committed about 75% of its Rs 2,275-crore Fund 2.
By 2026, the platform's targeted deployment approach will allow it to reach a peak AUM (assets under management) of US$ 1 billion (Rs 8,500 crore) across about 16 Grade A assets, solidifying its standing as the fastest-growing manager-developer of logistics and industrial real estate in India, the statement said.
