Brigade Group, Bain Capital Form JV for Rs 22 Billion Bengaluru Project

30 Apr 2026 CW Team

Brigade Group has partnered with Bain Capital to develop a premium mixed-use project in Whitefield, Bengaluru, through a 50:50 joint venture with an estimated investment of Rs 22 billion.

The project will be developed on an 11-acre land parcel on ITPL Main Road, adjacent to the Whitefield Metro Station, and will comprise approximately 2 million sq ft of Grade A office space and a five-star hotel operated by an international brand.

Commenting on the development, Nirupa Shankar, Joint Managing Director, Brigade Group, said, “We are excited to begin our partnership with Bain Capital… This resultant partnership demonstrates our strategic focus to aggressively expand our portfolio through institutional collaborations.”

Sarit Chopra, Partner, Bain Capital, added, “Whitefield is one of Bengaluru’s most important commercial corridors, underpinned by strong occupier demand, infrastructure connectivity, and long-term growth.”

The development aims to address rising demand for high-quality commercial and hospitality assets in Bengaluru’s key technology corridor. For Brigade Group, the partnership strengthens its commercial portfolio, while for Bain Capital, it reflects continued expansion in India’s real estate sector through asset-backed, partnership-led investments.

Infrastructure Energy

15 Jun 2026

Statcon Energiaa Partners with Ram Raja Solar

Statcon Energiaa has signed a Memorandum of Understanding (MoU) with Ram Raja Solar Power Green Energy to strengthen the deployment of large-capacity Battery Energy Storage Systems (BESS) and hybrid inverter solutions across Uttar Pradesh.The partnership brings together Statcon Energiaa's expertise in power electronics and energy storage with Ram Raja Solar's project execution capabilities to improve access to solar-plus-storage solutions in the state.According to the companies, the collaboration will enable faster availability of high-capacity BESS and hybrid inverter systems through reduced ..

Opptra Partners With Unicommerce To Scale Brands

Opptra has partnered with Unicommerce to strengthen and scale its e-commerce operations across India, the GCC and Southeast Asia.Under the partnership, Unicommerce’s flagship Uniware platform will support Opptra’s order, inventory and fulfilment operations as the company expands its portfolio of more than 33 consumer brands across Asian markets.Opptra, founded by Flipkart co-founder Binny Bansal, operates as an AI-native e-commerce distributor. It manages a brand’s end-to-end online operations, including marketplace management, pricing, advertising, content, fulfilment and customer servi..

LIXIL Posts 23 Per Cent Rise in Core Earnings

LIXIL Corporation reported a 22.9 per cent increase in core earnings to ¥38.5 billion for the fiscal year ended 31 March 2026, supported by resilient international operations and strong growth across the India, Middle East and Africa (IMEA) region.The company posted consolidated revenue of ¥1,510.7 billion, up 0.4 per cent year on year, while EBITDA rose by ¥7.1 billion to ¥121.6 billion. Net profit attributable to owners of the parent increased to ¥8.1 billion, aided by improved operating performance and lower corporate income tax expenses.International business revenue grew to ¥520.9 b..