NIIF IFL

company 1 Deal 1 Partner

Mumbai-based sovereign-anchored alternative asset manager raising global capital for India-focused infrastructure investments. Manages $4.9B across funds with 70+ direct and indirect investments in sustainable infrastructure, private markets, and climate solutions.

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Founded 2015

Investment FundInvestorAsset Manager

Strategic Overview

NIIF operates through multiple specialized platforms: Master Fund (sustainable infrastructure), Private Markets (growth equity), India-Japan Fund (climate investments), and Infrastructure Debt Financing Business (NBFC platforms).
Strong focus on green infrastructure with over 50% of infrastructure debt financing loan book invested in renewables and green assets.
Actively building sector-leading platforms in smart metering, data centers, and electric mobility with significant domestic and international investor backing.

Deal History (1)

Resolven secures ₹450 crore refinancing from NIIF IFL for 136 MW renewable assets

Lender Hybrid India Apr 6, 2026 INR54M

Investment Focus

Technologies

Hybrid1

Geography

India1

Key People

Sanjiv Aggarwal

Managing Director & CEO

Rajiv Dhar

Chief Investment Officer

Prasad Gadkari

Executive Director and Chief Strategy Officer

Vinod Giri

Managing Partner – Master Fund

Anand Unnikrishnan

Managing Partner - Private Markets

Saurabh Jain

Chief Operating Officer

Saloni Jhaveri

Head - Investor Relations and Partnerships

Track Record

Deals Completed

Years Active

$B2.3B

Total Value

Notable projects: Ayana Renewable Power (5 GW scale, exit at $2.3B enterprise value), Manohar International Airport & Bhogapuram Airport (49% stake), Digital Edge hyperscale data center in Navi Mumbai (300MW), Smart metering platform with 5M+ meters under management, Ports & Logistics platform with 23% container market share

Detailed Analysis

Sectors

Transport (5 deals)Utilities (10 deals)Energy Transition (20 deals)Digital/Telecom (3 deals)Social Infrastructure (2 deals)

Geographies

India (70 deals)

Deal Stage

GreenfieldBrownfieldOperating

Deal Structure

equity investmentstructured debtjoint venture

Subsidiaries

NIIF Infrastructure Finance Limited (NIIF IFL)Aseem Infrastructure Finance Limited (AIFL)Ayana Renewable Power Private LimitedIntelliSmart InfrastructureDigital Edge IndiaiBus NetworksAther EnergyMahindra Last Mile Mobility Limited (MLMM)EKA Mobility

Portfolio Companies

Ayana Renewable Power Private Limited — renewable energyIntelliSmart Infrastructure — smart metersDigital Edge India — data centersAther Energy — electric mobilityMahindra Last Mile Mobility Limited (MLMM) — electric mobilityEKA Mobility — electric commercial vehiclesManipal Hospitals — healthcare

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