IDEB Projects Pvt. Ltd., a Bangalore-based construction and property development company, has raised $32 million from a private equity placement with U.S.-based Samsara Capital, the Indian firm said.

IDEB is is developing over 8 million sq. ft. of land, in infrastructure, residential and industrial projects, it said.

Samsara Capital, a privately-owned investment firm that focuses on real estate, has now committed more than $65 million in two deals in India, the statement said.

PricewaterHouseCoopers was the adviser on the deal.