Private equity advisory firm Jacob Ballas Capital India has acquired a one percent stake in India-listed theme parks operator Adlabs Entertainment for an estimated INR70 million to INR80 million (approximately US$1 million to US$1.2 million). Jacob Ballas invested through NYLIM Jacob Ballas India Holdings IV. Adlabs Entertainment, which had previously received an investment from Jacob Ballas in 2014, runs theme, snow and water parks under the brand Adlabs Imagica, as well as hotels in Mumbai and Pune.