An Indian investment firm in the energy space has raised $200 million by listing in the Alternate Investment Market, joining three other firms from the country that have taken this route to raise funds.
KSK Emerging India Energy Fund Limited on Tuesday became the fourth Indian firm to float on AIM in the last four weeks, the London Stock Exchange announced.
Between them the four new Indian firms have raised about $387 million.
The other three Indian firms to have joined AIM over the past month are Indus Gas, OPG Power Ventures and Mortice Ltd.
Tracey Pierce, Head of Equity Primary Markets, London Stock Exchange Group, said, "With London now firmly established as the number one market for international companies it makes sound sense
for Indian companies with global aspirations to look to join the LSE.