NYLIM Jacob Ballas invested Rs. 200-Cr in Karaikal Port

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PE investor NYLIM-Jacob Ballas, via the NYLIM Jacob Ballas India (FVCI) III LLC, has invested Rs. 200 crore in Karaikal Port for a minority stake. The funds will be used by Karaikal Port in its expansion plans which will enhance the port’s capacity from the already planned expansion of 21 MMTPA to 28 MMTPA.

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