IDFC Alternatives, established in 2002 as the alternative asset management division of IDFC, focuses on private equity, infrastructure, real estate, and debt investments. The firm has evolved significantly over the years, notably selling its infrastructure asset management business to Global Infrastructure Partners India in April 2018. In January 2019, Investcorp acquired its private equity and real estate fund business. This strategic shift has allowed IDFC Alternatives to concentrate on managing and growing its remaining investment strategies, positioning itself as a significant player in the Indian alternative asset management landscape.
Ashoka Buildcon Ltd. is one of the leading highway developers in India. The Company is an integrated EPC and BOT player. It has a portfolio of 36 PPP projects, which is the largest in number by any private player in India. Besides construction of highways and bridges the company is also engaged in Power Transmission and Distribution on EPC basis. Ashoka has worked in over 20 states across the country, and completed prestigious projects for Central as well as State Governments. Overseas it is constructing road network for Housing Development Corporation in the Republic of Maldives. The company is one of the first Indian infrastructure companies to be certified for Integrated Management Systems, which encompasses ISO certification for Quality, Occupational Health and Safety and Environment. Ashoka Buildcon is strengthened with a strong talent pool of technical as well as support staff. It’s strong financials give it the ability to bid and execute large scale projects.