K2 Infragen: 69% stake in K2 Nextgen acquired

17 Oct 2024 CW Team

EPC player K2 Infragen has acquired a 69.47 %stake in its associate entity, K2 Nextgen Solutions, for an undisclosed amount. K2 Nextgen Solutions focuses on services in Artificial Intelligence, machine learning, big data, cloud migration, digital transformation, and software development, K2 Infragen said in a statement. K2 Infragen has acquired 69 %stake in K2 Nextgen Solutions to strengthen its tech capabilities. Following this acquisition, K2 Nextgen Solutions has become a subsidiary of K2 Infragen from associate entity, the company said. Pankaj Sharma, Managing Director of K2 Infragen, said, "Technology is the driving force shaping the future of infrastructure. As the need for efficiency, sustainability, and resilience grows, the role of emerging technologies will only become more critical. This acquisition aligns with our focus on technology enablement." K2 Infragen is developing various NHAI projects and several projects under the Jal Jeevan Mission to enhance water supply infrastructure and improve access to clean drinking water. Gurugram-based K2 Infragen is an integrated Engineering, Procurement and Construction (EPC) company in the power and infrastructure domain.

Real Estate

05 Jun 2026

Kotak Alts Closes $1 Billion Real Estate Fund

Kotak Alternate Asset Managers (Kotak Alts) has achieved the final close of its 14th Real Estate Fund at approximately $1 billion, supported by commitments from a subsidiary of the Abu Dhabi Investment Authority (ADIA) and South Korea's National Pension Service (NPS Korea).ADIA anchored the fund with a commitment exceeding $675 million, marking its sixth consecutive investment in Kotak Alts' real estate platform. The relationship between the two organisations spans more than a decade and multiple fund vintages.NPS Korea's participation represents its first investment in Indian alternative asse..

Capacit'e Bags Rs 5.89 Billion Raymond Realty Contract

Capacit'e Infraprojects has received a Letter of Intent (LoI) from Ten X Realty East, a subsidiary of Raymond Realty, for civil core and shell works at The Address by GS residential project in Wadala, Mumbai.The contract, valued at approximately Rs 5.89 billion excluding GST, covers construction works at the project site located in the Salt Pan Division, Shastri Nagar, Wadala, Sion (East).The award adds to the ongoing relationship between the two companies and further strengthens Capacit'e's presence in the residential construction segment.Commenting on the development, Rahul Katyal, Managing ..

RSPL Group Marks 50 Years of Growth from Kanpur to Global

RSPL Group, a leading Indian FMCG conglomerate, recently celebrated 50 years since its inception, tracing its journey from Kanpur to a global footprint across India and overseas. The milestone was marked with a short film narrated by Rajat Kapoor, showcasing the company’s values, innovation, and enduring commitment to quality. Founded by Shri Muralidhar Gyanchandani and Shri Bimal Kumar Gyanchandani, RSPL’s flagship brand Ghadi Detergent now reaches 32 per cent of Indian households. The Group has diversified into hygiene and personal care, dairy and ice cream, chemical manufacturing, life..