Holding over USD 50 billion in assets under management already, the Wall Street major Blackstone is increasing its bet on the country, promising to pump in more dollars than it has already invested in the past decade, going forward.

For the American alternate investment management giant with close to USD 620 billion in AUMs globally, India is its most profitable market in terms of returns — its seed investment of around USD 25 billion is worth over USD 50 billion at present, according  ..

In the past decade, Blackstone has invested more than USD 22 billion in the country and some of its existing investments include Mphasis, (its largest investment so far– USD 2 billion already invested and an additional USD 2.8 billion commitment), Nexus Malls, edutech player Aakash, the largest specialty glass packaging maker Piramal Glass (USD 1 billion), global leader in recyclable packaging tubes Essel Propack, and largest independent affordable housing finance company Aadhar, Prestige comme ..