Nava Bharat Ventures has received an approval for formation of Special Purpose Vehicle (SPV) as a wholly owned subsidiary of the company in Singapore for pursuing emerging business opportunities, including Healthcare Enabled Services abroad, with an investment commitment of up to $11 million over a period of time. The board of directors at its meeting held on August 18, 2017 approved for the same.
Nava Bharat Ventures operates in the business verticals of power generation, mining, ferro alloys and agri-business with multi-national operations spread over India, South East Asia and Africa.
