A significant investment is being made by Elevate Campuses Limited in one of its subsidiaries. The amount invested is approximately ₹601 crore. This subsidiary, Elevate UAE Assetco Holdings Pte. Ltd, will issue a large number of Class A shares.

The issue price per share is set at a specific amount. The company has stated that this investment is part of its larger strategy, which was disclosed during its initial public offering.

Further details about this investment and the company's plans are available from the source, including information about the subsidiary and the use of IPO proceeds.