Firstland Holdings Ltd is slowly emerging out of the shadows.
The identity of the NuPower Renewables investor was not earlier known. NuPower has been in the news after allegations that the Deepak Kochchar-led company received capital in exchange for loans passed by ICICI Bank. His wife, Chanda Kochhar heads the bank. All parties involved have denied wrongdoing.
Firstland, which first invested in NuPower after 2010, has been in existence for over a decade, has made multiple India investments and is linked to an Indian technology-to-fertiliser group, shows an analysis of various public documents.
It was set up on December 28,