%20(1)_edited.jpg)
5 May 2025
Synergy Capital, a dynamic and rapidly expanding private credit fund specializing in the Industrials and Infrastructure sectors, is pleased to announce a $26 million investment in the Shapoorji Pallonji (SP) Group, the esteemed Indian conglomerate controlled by the Mistry family. The capital was deployed to refinance existing debt facilities with Indian financial institutions and to support broader corporate initiatives across the Group.
This transaction further strengthens Synergy Capital’s established partnership with SP Group, building on a track record of successful private credit investments executed over recent years.
Sudhir Maheshwari, Founder and Managing Partner of Synergy Capital, commented:
“This fifth transaction with the Shapoorji Pallonji Group marks another milestone in Synergy Capital’s commitment to long-term partnerships. This deal highlights the mutual trust and alignment we’ve cultivated over time. Our teams, together with fellow investors, collaborated seamlessly to meet an ambitious timeline—an accomplishment that reflects our shared commitmen to excellence and value creation.”
About SP Group
Established in 1865, the Shapoorji Pallonji Group is one of India’s most iconic business houses, with a global footprint across 40+ countries. The Group comprises 15 major companies operating in key sectors including Engineering & Construction, Infrastructure, Real Estate, Water, Energy, and Financial Services. With a workforce of over 35,000 professionals, SP Group is renowned for delivering sustainable solution and engineering landmark projects that redefine skylines and industries alike.