Mar 19, 05:49 AM

Brigade Group and Gruhas Launch Rs 300 Crore ($35 Million) Earth Fund for Proptech and Sustainability, Led by Nikhil Kamath

Brigade Group, in collaboration with Nikhil Kamath's investment platform Gruhas, has launched India's first Earth Fund, a dedicated initiative with a total investment of Rs 300 crore (approximately $35 million). The fund aims to support startups focused on property technology (proptech) and sustainability-driven solutions within the real estate sector. This initiative comes in response to the low investment in technology by developers in India, where less than 1% of revenue is allocated to such advancements, according to Nirupa Shankar, Joint Managing Director of Brigade Enterprises.

#Brigade Group #Nikhil Kamath #Gruhas #India #Earth Fund #Nirupa Shankar #Brigade Enterprises

Written with ChatGPT (GPT-4o mini).

Sources

Economic Times@EconomicTimes
2 years ago
Brigade and Gruhas launch Rs 300 cr Earth Fund to drive real estate tech and sustainability solutions https://t.co/lDnYWkhZv9
Hindustan Times@htTweets
2 years ago
Less than 1% of developers' revenue in India is invested in technology, says Nirupa Shankar, Joint Managing Director of Brigade Enterprises. Read full interview: https://t.co/muChPDVoLv https://t.co/HC4AmljmM7
Business Standard@bsindia
2 years ago
Brigade Group has teamed up with Nikhil Kamath’s investment firm, Gruhas, to launch India’s first Earth Fund—an investment initiative focused on real estate tech and sustainability. @AneekaC_ #BrigadeGroup #NikhilKamath #RealEstate https://t.co/nyEuO267My

Brigade Group and Gruhas Launch Rs 300 Crore ($35 Million) Earth Fund for Proptech and Sustainability, Led by Nikhil Kamath

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