Sunday, October 01, 2023
Outlook India
Outlook Business


The round was led by the Qatar Investment Authority (“QIA”), and Grosvenor’s Diversified Property Investments business

Dexter Capital Advisors were the exclusive advisors in this round of funding

HDFC Capital-backed proptech firm Reloy, which helps realtors in generating referral sales, has raised Rs 7.2 crore from investors to expand its business

The company will utilise the capital for new product launches and treatment plans based on Ayurveda

With this latest primary infusion from General Atlantic, PhonePe has now raised a total of $850 million of primary capital in the current round

Incorporated in 2021 by Amit Chawla and Shreeram Ramanathan, the company claims to equip retailers and distributors to manage better cash flows

DevX will utilise the newly generated fund to expand its business operations

With this investment, these firms join CYFIRMA’s existing investors Goldman Sachs, Zodius Capital, and Z3 Partners

The company is planning to allocate the funds to augment its operations and scale its online reach and also enhance research and development of high-end performance clothing

Blackstone's real estate business, which started in 1991, now has $326 billion of investor capital under management.