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Lodha Boosts Stake in Digital Infrastructure Assets with INR 307 Cr Buyout from Bain Capital

Real estate developer Lodha, formerly as Macrotech Developers, acquired Bain Capital's share in three joint digital infrastructure platforms for ₹307 crore to boost its logistics and industrial park revenue.

By Admin

  • 8th Nov 2024
  • 1164 Views
Primus Senior Living Secures USD 20 Million to Revolutionize Senior Care

Primus Senior Living got $20 million in early financing from General Catalyst. The investment includes Gruhas co-founder Nikhil Kamath and Abhijeet Pai. Prime Senior Living founder and managing director Adarsh Narahari announced.

By Admin

  • 21st Oct 2024
  • 1166 Views
Track3D is Revolutionizing Construction with AI-Driven Insights

Track3D was established as a state-of-the-art platform that tackles significant inefficiencies in the construction sector by three specialists with varied backgrounds in robotics, artificial intelligence, and business strategy.

By Admin

  • 20th Sep 2024
  • 1184 Views
Mumbai-based Aris Infra Plans INR 600-700 Crore IPO

Mumbai-based Aris Infra, a tech-driven construction material procurement platform, aims to raise ₹600-700 crore through an IPO. Backed by prominent investors, the company plans to file a draft prospectus next month.

By Admin

  • 27th Jun 2024
  • 1294 Views
Bangalore-based Embassy Group Plans IPO for WeWork India Following Full Acquisition

Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.

By Admin

  • 26th Apr 2024
  • 1331 Views
CREDAI MCHI Hosted MPL 10 - A Blend of Sports and CSR

The MPL 10 competition, organised by CREDAI MCHI, became a CSR platform. The tournament's inclusive semi-finals saw Team Rustomjee and Team B Kandhari advance to the Dubai grand final with the enthusiastic involvement of construction site youngsters.

By Admin

  • 10th Mar 2024
  • 1280 Views
Propshare Targets Rs 1000 Crore in Warehousing Assets as Indian Warehousing Sector Expands

PropShare, India's biggest commercial real estate digital platform, aims to grow its Asset Under Management (AUM) to over Rs 1,000 crore in storage assets. The warehouse market's current growth, reminiscent of the early 2000s office space bubble, prompts the business to buy assets across India.

By Admin

  • 10th Mar 2024
  • 1291 Views
Revolutionizing Online Real Estate in India- The Ghar.tv Advantage

Real estate marketing in India has changed drastically in the digital era. Online real estate platforms, listing websites, and AI-driven sites like Ghar.tv are digitising the Indian real estate business. Ghar.tv's creative strategy is changing online real estate in India.

By Admin

  • 27th Jan 2024
  • 1240 Views
Pioneering the Co-living Revolution in India - Colive Aims USD 20 Million Funding

Colive, a tech-driven platform for fully managed co-living spaces, is seeking $20 million from venture capital companies. This money will support the company's aggressive growth. Colive, based in Bengaluru, wants to increase its room capacity in Pune and other Indian cities.

By Admin

  • 27th Dec 2023
  • 1276 Views
Fractional Realty Ownership Platform hBits Receives Approval for INR 500 crore Fundraising Via an Alternative Investment Fund

The Securities and Exchange Board of India (SEBI) has authorised the fractional real estate ownership platform hBits to raise over Rs 500 crore through a category II Alternative Investment Fund (AIF) for commercial real estate investments across India's major markets.

By Admin

  • 17th Jul 2023
  • 1312 Views
Fractional Ownership of Holiday Homes in India Will Grow After Sebi's Interposition

After Sebi proposed to regulate all online platforms that allow fractional ownership of real estate assets, experts expect holiday home fractional ownership, which is still new in India, to gain support.

By Admin

  • 21st May 2023
  • 1604 Views
OfficeBanao, an Indian Workspace Interiors Platform Raises USD 6 Million From Lightspeed

OfficeBanao, which provides a platform for designing and furnishing office spaces, has secured $6 million in initial investment led by Lightspeed.

By Admin

  • 11th Apr 2023
  • 1551 Views
AI Driven Corporation Facilio Leases 40000 Square Feet of Flexible Office Space in Chennai from IndiQube

IndiQube leased 40,000 square feet of flexible office space to Facilio, an AI-driven property operations platform. IndiQube's main office building in Guindy, Chennai.

By Admin

  • 20th Dec 2022
  • 1368 Views
Technology Driven Real Estate Platform Blox Gets INR 100 Crore Rupees From Investors Including Kunal Shah of CRED

Blox, a real estate purchase platform, raised $12 million, or roughly 100 crore, in a series A financing round, the largest in India's proptech business. Silicon Valley investors, new strategic investors, and angel investors—including CRED founder Kunal Shah—backed this round.

By Admin

  • 7th Dec 2022
  • 1472 Views
Arvind Smart Spaces of Ahmedabad Signs a Contract With HDFC CapitalAdvisors of Mumbai

Lalbhai Group's Arvind SmartSpaces, located in Ahmedabad but expanding rapidly in Bengaluru and Pune, has just signed a deal to create a residential development platform with HDFC Capital Affordable Real Estate Fund

By Admin

  • 28th Aug 2022
  • 1409 Views
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