Earnnest.me invests Rs 40 crore in residential project
The digital neo-financing platform of Certus Capital, Earnnest.me invested Rs 40 crore in an advanced stage mid-market residential project being developed by Pune-based real estate development firm Pharande Spaces. Investment is a part of Certus Capital’s strategy to deploy about Rs 500 crore in the current financial year in senior secured real estate credit deals.
As per reports the platform is also in the process of evaluating several other transactions and is targeting to close at least two more deals in the next quarter. These deals will be spread across tier 1 markets like Mumbai, Pune, Chennai, Bengaluru, Hyderabad, and NCR.
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