India
The investment comprises a combination of primary and secondary transactions.
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The firm’s Indian development pipeline includes 600 MW of capacity projects in Mumbai, Chennai & Hyderabad.
Indonesia
The investment will be used accelerate the rollout of AI-powered vending machines across Indonesia.
World
The acquisition will give Allianz Partners a broader presence in Australia
Tishman said the commitments came from APG Asset Management and Bouwinvest.
The deal marks the company’s 10th acquisition in the last 10 months.
Kuku has so far garnered over $150 million from a gamut of investors.
Existing investors Accel, RTP Global, and Paramark Ventures joined the round.
The latest infusion takes the company’s total funding to $28 million.
Rest of Asia
Yamada and Edion are also expected to overhaul their traditional business model.