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La Caisse invests INR 121 billion alongside Brookfield for a 24% stake in Altius Telecom, bolstering India's telecom infrastructure.

PRIVATESep 02, 20262 days ago

Amount Raised

₹121 Billion

Round Type

Venture - Series Unknown

MontrealFinancial ServicesFinanceFintechLendingNon Profit

Investors

BrookfieldLa Caisse

Description

La Caisse has invested approximately INR 121 billion to acquire a significant stake in Altius Telecom Infrastructure Trust, which operates the largest independent telecom tower platform in India. This funding will enhance Altius' capabilities in supporting mobile operators, particularly for 4G and 5G services. Brookfield remains the largest investor alongside La Caisse and other partners. The investment reflects confidence in India's growing demand for enhanced mobile connectivity.

Company Information

Company

La Caisse

Location

Montreal, Quebec, Canada

About

La Caisse is a global investment group and Canada's second-largest pension fund. It invests in various sectors, aiming to generate sustainable financial returns. The organization focuses on creating value for its stakeholders while contributing to the economic development of Quebec and Canada.

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La Caisse raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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