Investment18 Mar 2025, 06:42 pm
Brigade Group and Gruhas Partner to Drive PropTech and Sustainability with €300 Crore Earth Fund
AI Summary
Brigade Group, one of India's leading real estate developers, and Gruhas, the investment arm of Nikhil Kamath and Abhijeet Pai, have launched the Earth Fund, a SEBI-registered Category II Alternative Investment Fund (AIF) with a focus on backing high-growth startups solving challenges in the built world through sustainability and innovation. The fund, which aims to invest in Pre-series A and Series-A tech startups innovating in real estate, construction, and sustainability, is led by industry stalwarts and a team of seasoned professionals.
Key Highlights
- The Earth Fund is a SEBI-registered Category II Alternative Investment Fund (AIF) with a focus on PropTech and sustainability.
- The fund aims to invest in Pre-series A and Series-A tech startups innovating in real estate, construction, and sustainability.
- The fund is led by industry stalwarts and a team of seasoned professionals with deep expertise in real estate, venture capital, and entrepreneurship.
- The fund will invest in startups that have a demonstrated product market fit and are looking for capital to scale their solutions.
- The focus areas for the fund include breakthrough innovations across UrbanTech and Sustainability.