Actis Asia Real Estate 2 RX Co-Investment
Building the foundation of scientific breakthroughs
Hyderabad, India · Founded 2020 · $231.5M raised
- Headquarters
- Hyderabad
- Founded
- 2020
- Business Model
- B2B
- Website
- rxpropellant.com
- Total Funding
- $231.5M
- Last Round
- $31.5M Private EquityMay 2022
- Rounds
- 2
About
Rx Propellant is a life sciences real estate infrastructure platform, backed by Actis (part of General Atlantic), that develops, acquires, and manages lab and R&D campuses for tenants across India's pharmaceutical and life sciences industry. The company operates a multi-city portfolio, including Genome Valley in Hyderabad -- India's first organized life sciences R&D cluster -- and Navi Mumbai, offering turnkey modular labs, high-performance chemistry R&D space, and large-scale manufacturing facilities for vaccines and biologics. Actis acquired the Hyderabad-founded platform in May 2022 and has since committed to major expansions, including a $100 million campus investment in Genome Valley.
Summary
Actis Asia Real Estate 2 RX Co-Investment is an Infrastructure company based in Hyderabad, India, founded in 2020. It has raised $231.5M in total across 2 rounds, most recently a $31.5M Private Equity round in May 2022. Investors include British International Investment and Actis.
Tech & App Stack
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Funding History
May 2022
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Private Equity — per-round amounts, valuations, and who invested in each round.
Investors
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