KSH INFRA Partners with WSB for Rs 450-cr Investment to develop 50-acre Industrial & Logistics Park in Bengaluru
The park, which was launched last year, has the potential to develop 1.25 million sq. ft. of space and is expected to create employment opportunities for more than 1,800 people.
By combining KSH INFRA’s expertise in developing sustainable Grade A parks with WSB’s strong investment management capabilities, the partnership aims to deliver modern infrastructure that supports business expansion and growth.
KSH INFRA and WSB Real Estate Partners have entered into an asset-level joint venture, with WSB and its co-investors holding a 74% stake and KSH INFRA holding 26%. The model ensures a clear alignment of interests, with WSB acting as the financial investor and KSH INFRA as the development partner, with roles and responsibilities clearly defined. Both organizations see this as the beginning of a larger strategic association, with plans to explore multiple investment opportunities in brownfield and greenfield developments to further expand their footprint.
As the industrial and logistics segment matures into one of India’s sunrise sectors and continues to attract increasing interest from private equity and HNI investors, the partnership between KSH INFRA and WSB aims to capitalize on this momentum by delivering Grade A facilities in the Bengaluru and Hosur markets.
Sharing his perspective on the partnership, Sundaresan Vaidyanthan, CEO, KSH INFRA, commented, “At KSH INFRA, alignment of interests remains a key principle in how we build partnerships. Our HoldCo–PropCo–OpCo structure, supported by a consistent track record of delivery, provides a strong foundation for collaboration with financial partners. With WSB’s backing from marquee investors, this partnership is well-positioned to scale rapidly and create long-term value.”
Speaking about the partnership, Vinit Prabhugaonkar, Managing Partner, WSB, said, “WSB is eager to participate in India’s rapidly growing industrial and logistics real estate sector. In KSH INFRA, we identified a pan-India industrial development partner with robust systems, processes, and compliances in place. Alongside their professional team, fully aligned and incentivised within the contours of the deal structure, we are confident of delivering superior returns for our investors.”
KSH INFRA has built a strong presence in the industrial and logistics sector with six parks across India, including three successful exits at Chakan I, Chakan II, and Talegaon. The company has delivered 4 million sq. ft. in Chakan, Pune, and has another 3 million sq. ft. under development in Bengaluru and Chennai. KSH INFRA is now targeting an additional 10 million sq. ft. of growth across Mumbai, Pune, Bengaluru, and Chennai by FY 2030.
WSB Partners, formerly known as Walton Street India, was founded by Walton Street Capital’s ex-India team—Kaushik Desai, Vinit Prabhugaonkar, and Vimal Jangla—together with the Blacksoil Group. Since 2013, WSB has committed about Rs 4,000 crore to the Indian real estate sector, investing in more than 70 transactions across six metros, managing over 100 projects, and securing exits in over 70% of them.
Published on:
22 October 2025
Published in: Lifting & Specialized Transport, September-October, 2025
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