Rajiv Jain raises Adani stake by about 10% for $3.5 billion bet
Rajiv Jain's GQG Partners has increased its stake in the Adani Group by roughly 10% and plans to double down on the firm's fundraising. Jain is confident that the Adani Group provides 'the best infrastructure assets available in India' and is looking to become 'one of the largest investors in Adani Group within five years'.
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