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Lumos, Gruhas Proptech to raise Rs 500 cr property fund

Infrastructure

30 November, 2021

Lumos, Gruhas Proptech to raise Rs 500 cr property fund

Lumos Alternate Investment Advisors Pvt Ltd and Gruhas Proptech LLP have partnered to raise a Rs 500 crore real estate ......

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Sanctum Wealth mulls structured credit in real estate

Infrastructure

21 November, 2021

Sanctum Wealth mulls structured credit in real estate

Private equity-backed Sanctum Wealth Pvt Ltd plans to expand its business to private structured credit in the real estate segment, ......

Max Ventures exits packaging business, to focus on realty

Manufacturing

15 November, 2021

Max Ventures exits packaging business, to focus on realty

Max Ventures & Industries Ltd (MaxVIL), a holding company of the Max Group, on Monday, said it has entered into ......

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Axis AMC to roll out second alternative fund focused on real estate sector

Infrastructure

16 September, 2021

Axis AMC to roll out second alternative fund focused on real estate sector

Axis Asset Management Company (AMC), an arm of private-sector lender Axis Bank, is in the process of setting up its ......

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ICICI Venture in talks to raise multiple funds, focus on new-age firms

Finance

13 September, 2021

ICICI Venture in talks to raise multiple funds, focus on new-age firms

ICICI Venture, the alternative investment arm of ICICI Bank, is in talks to raise multiple funds in a bid to ......

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DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund

Finance

02 September, 2021

DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund

Non-bank lender DMI Finance-backed Alchemist Asset Reconstruction Company (ARC) Pvt Ltd has planned to launch its maiden alternative investment fund ......

Realty firm Nirmal Lifestyle enters bankruptcy for default on Altico Capital's loans

Infrastructure

12 August, 2021

Realty firm Nirmal Lifestyle enters bankruptcy for default on Altico Capital's loans

Mumbai-based real estate development firm Nirmal Lifestyle Ltd has been admitted for bankruptcy on a plea filed by IDBI Trusteeship ......

Anti-monopoly watchdog okays Suraksha's plan to acquire Jaypee Infratech

Infrastructure

26 July, 2021

Anti-monopoly watchdog okays Suraksha's plan to acquire Jaypee Infratech

Real estate major Suraksha Group has received approval from the Competition Commission of India (CCI) to acquire bankrupt township developer ......

HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares

Finance

30 June, 2021

HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares

India’s largest private mortgage financier Housing Development Finance Corporation (HDFC) has acquired an 8.42% stake in Ansal Housing Ltd by ......

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Being Human's former business partner gets acquired under bankruptcy process

Consumer

30 June, 2021

Being Human's former business partner gets acquired under bankruptcy process

GB Global Ltd, ex-partner of actor Salman Khan’s apparel brand Being Human and formerly known as Mandhana Industries Ltd (MIL), ......