Brigade group and Gruhas partner to launch Rs 300 crore fund
Real estate firm Brigade Group and the investment arm of Zerodha co-founder Nikhil Kamath and Abhijeet Pai have joined hands to launch the country's first real estate tech and sustainability-focused investment fund—The Earth Fund.
The Rs 300 crore fund aims to support early-stage tech startups innovating in real estate, construction, and sustainability solutions, targeting ventures in Pre-Series A and Series A stages. Out of the total amount the fund includes a Rs 200 crore SEBI-registered Category II Alternative Investment Fund (AIF) and a Rs 100 crore green-shoe option.
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