Lumos Alternate Investment, Gruhas Proptech To Raise INR 500 Crore Realty Fund

Gruha Proptech LLP and  Lumos Alternate Investment Advisors Pvt Ltd (Lumos) have joined hands to raise INR 500 crore for a real estate fund, focused on structured debt, last-mile funding and opportunist equity in real estate projects across major Indian cities.

Lumos Alternate Investment, Gruhas Proptech To Raise INR 500 Crore Realty Fund

Pexels

Gruhas Proptech, promoted by entrepreneur Abhijeet Pai and  Zerodha’s co-founder Nikhil Kamath has joined Lumos as anchor investor and general partner. 

“Post the second wave of COVID-19, real estate is emerging as one of the most preferred investment avenues and we are happy to have some prominent industry experts and investors on board to help us in institutionalising real estate investment and management processes. We are now actively looking at residential-focused last-mile funding and structured equity deals for our prospective fund,” said  Anuranjan Mohnot, co-founder and managing director of Lumos.

“Our intention is to back this asset class to optimize the offerings in the realty sector. There is an opportunity to democratize the realty sector using technology. This is not only aligned to our sustainability goals but also revives the fixed income market,” said Nikhil Kamath, co-founder of Zerodha.

Lumos Investment Advisors (Lumos) comprises a team of professionals with more than two decades of experience in real estate acquisition and alternate investment fund management, said a statement.

News Related

OTHER NEWS

Regaining Control of Your Sleep Life...From a (Recovering) Insomniac Entrepreneur

Entrepreneurship goes hand-in-hand with a lot of things. Determination. Dreaming big. An embrace of failure and risk. And, in my personal experience: insomnia.  I’ve found this is especially true for ... Read more »

Important Lessons I Learned From a Rebrand

Take it from me: rebrands are exciting — full of a fascinating mixture of promise and chaos — but they can also become total messes if not executed with precision and ... Read more »

There's a New Strategy for Networking in the Digital Age

It was only a few decades ago that networking meant attending conferences and events and handing out a business card. Yet fast forward to 2022, and networking is increasingly taking ... Read more »

3 Ways to Inspire Your Team in the New Year

Keeping your team engaged at the start of a new year is essential to get everyone off to a positive start. During the holiday season, I encourage everyone to enjoy ... Read more »

How to Use Keyword Difficulty in Your Content Strategy

Targeting proper keywords is as crucial to successfully operate a website as creating eye-catching images or coming up with a winning URL. To assess which keywords are or are not ... Read more »

10 Things to Check Before Launching a Website

Successfully launching a website is no easy feat. Almost inevitably, just when it looks as though yours is ready to go live, it turns out that eagerness got the better ... Read more »

10 Apps to Help You Stick to Your New Year's Resolutions

Did you make a New Year’s resolution this year? Already on the brink of giving it up? We’ve rounded up some apps and software to help you stick to your ... Read more »

This 'Virtual Land' Project Is Dropping a New Token

Land ownership is fundamental to the human experience. From the first days of civilization, humans have been drawn to the idea of owning land. Today, in the digital age, a ... Read more »

5 Reasons Why Brands Should Think About Creating a Podcast Series in 2022

With the success of podcasts over the past few years, 2022 is destined to see more podcasts than ever before. One thing a lot of marketers ask is whether a ... Read more »

3 Alternatives to Consider When NFTs Become the Norm

NFTs can be used as security tokens, smart contracts, collectibles or even as a means to represent debt or equity in a company. With the surge of interest in NFTs, many ... Read more »

Changing the Narrative on Hiring is Now a Necessity. Here Are 3 Ways to Do It.

As an entrepreneur and business owner, hiring and employee retention are constantly top of mind. After all, the average cost of a bad hire equates to 30 percent of an employee’s first ... Read more »

Your Speed of Response Affects Your Bottom Line

Growing your business is about turning your leads into customers. With your competitors vying for the same customers, you want to make sure your leads choose you. But how do ... Read more »

Procurement Is Not the Death of a Good Idea

In my experience, if you speak to most salespeople, they’ll tell you that the death of a good idea is whenever they engage with procurement. In my opinion, the death ... Read more »

5 Common Mistakes Leaders Make and How to Fix Them

The CEO of a business sets the tone regardless of the size or stage of the business. But many CEOs struggle with handling their everyday team-leading duties and miss the opportunity to ... Read more »

Webster (WBS) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Webster Financial WBS reported fourth-quarter 2021 adjusted earnings per share of $1.31, which surpassed the Zacks Consensus Estimate of $1.10. The reported figure excluded noteworthy items, such as charges related ... Read more »

5 Things to Do Before You Franchise Your Business

As a business owner with multiple years of success and a value proposition that resonates with your target audience, growth and expansion are likely top of mind. You may already ... Read more »

Texas Capital (TCBI) Q4 Earnings Top Estimates, Costs Fall

Texas Capital Bancshares TCBI reported adjusted earnings per share of $1.19 for fourth-quarter 2021, surpassing the Zacks Consensus Estimate of 91 cents. Moreover, results compare favorably with the prior-year quarter’s ... Read more »

Q&A With Andy Howard, CEO of Climate Solutions Exchange

When it comes to carbon emissions, landowners can take matters into their own hands – Valuewalk Q4 2021 hedge fund letters, conferences and more When Andy Howard teamed up with ... Read more »

Netflix Stock Tumbled 20% After Company Warns Of Fewer New Subscribers

Netflix Inc (NASDAQ:NFLX) stock plummeted by 20% on Friday pre-market trading after the streaming giant warned subscriber growth could slow in the beginning of 2022. The plunge would account for ... Read more »

5 Reasons Why FactSet (FDS) Stock Might be a Great Pick Now

A prudent investment decision involves buying well-performing stocks at the right time while selling those at risk. A rise in share price and strong fundamentals signal a stock’s bullish run. ... Read more »

Here's How Levi Strauss (LEVI) Looks Ahead of Q4 Earnings

Levi Strauss & Co. LEVI is likely to register top- and bottom-line growth when it reports fourth-quarter fiscal 2021 earnings on Jan 26, after the closing bell. The Zacks Consensus ... Read more »

Securities Exchanges Benefitting From Market Volatility

The recent trend of increased trading volume continued its ascent last year, as market data provider Statista reported that the total value of global equity trading soared to more than ... Read more »

Xcel Energy (XEL) Strong on Capex and Clean Energy Plans

Xcel Energy Inc.’s XEL planned investments in enhancing clean-energy generation capacity and infrastructure plus a consistent expansion in its existing natural gas and electric customer base are key catalysts.In the ... Read more »

Community Health (CYH) Unit Declares Pricing of Senior Notes

Community Health Systems, Inc. CYH unit Community Health Systems, Inc. (“CHS”) announced the pricing of its public offering of senior secured notes worth $1,535 million. The notes carry an interest ... Read more »

Anthem (ANTM) Gears Up for Q4 Earnings: What's in the Cards?

Anthem, Inc. ANTM is scheduled to release fourth-quarter 2021 results on Jan 26, before the opening bell.ANTM’s bottom line outpaced estimates in three of the trailing four quarters and missed ... Read more »

10 Dividend ETFs Up At Least 4% This Year & Yielding At Least 3%

Dividend is among the investing themes that should be under radar amid the ongoing uncertainty in the markets caused by rising inflation and rising rate worries. Wall Street has been ... Read more »

Signet (SIG) Posts Stellar Holiday Results & Raises View

Signet Jewelers Limited SIG delivered a stellar performance this holiday season. Solid gains from growth initiatives like unique banner value propositions and advanced connected-commerce capabilities drove the holiday performance. SIG’s ... Read more »

Done Is Better Than Perfect and Other Lessons for the Hesitating Entrepreneur

I am so grateful to this week’s guest of SUCCESS Line for sharing their inspiring story. Tara is a mother, wife, real-estate agent, owner of a vegan restaurant and recent ... Read more »

CEO of Major Bank Receives $3 Million Salary Bump

It’s not a radical concept for CEOs to have exorbitant salaries. Alex Wroblewski | Getty Images In the wake of the pandemic and job losses, many CEOs and founders took ... Read more »

Be Smart About Taxes and Keep More of Your Hard-Earned Cash

Taxes can be costly. These costs cut into your income and can have devastating effects on your quality of life, especially in times of transition. Although marketing is my main business, ... Read more »

The Stock Market is Down Today: Here's Why & 3 Penny Stocks To Watch

The stock market is down today. This can be attributed to various reasons, including global economic conditions, interest rates, and company performance. However, there are also opportunities in times like ... Read more »

Is Boot Barn (BOOT) a Solid Growth Stock? 3 Reasons to Think " Yes "

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market’s attention and produce exceptional returns. However, it isn’t easy to find a ... Read more »

Zealand (ZEAL) Ends Enrollment in Short Bowel Syndrome Study

Denmark-based Zealand Pharma A/S ZEAL announced that it has completed enrollment of patients in the pivotal phase III EASE-SBS 1 study that is evaluating its long-acting GLP-2 analog, glepaglutide, for ... Read more »

Top Analyst Reports for Walmart, Micron & Enbridge

Friday, January 21, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Walmart ... Read more »

Charles River (CRAI) Stock Up 44% in a Year: Here's Why

Shares of Charles River AssociatesCRAI have returned 44% over the past year, outperforming 34.7% growth of the industry it belongs to in the said time frame. – Zacks Image Source: ... Read more »

Key Factors to Impact Boston Properties (BXP) in Q4 Earnings

Boston Properties, Inc. BXP is slated to report fourth-quarter and full-year 2021 results on Jan 25, 2022, after market close. BXP’s quarterly results are likely to reflect year over year ... Read more »

Tesla vs. Fisker: Which Electric Vehicle Stock is a Better Buy?

Today I’ll analyze and compare Tesla (TSLA) and Fisker (FSR) to determine which electric vehicle (EV) stock is currently the better investment. shutterstock.com – StockNews The electric vehicle (EV) industry ... Read more »

Is Deutsche Telekom AG (DTEGY) a Solid Growth Stock? 3 Reasons to Think " Yes "

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market’s attention and produce exceptional returns. However, it isn’t easy to find a ... Read more »

Why Bar Harbor Bankshares (BHB) is a Great Dividend Stock Right Now

Whether it’s through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you’re an income investor, your primary focus is ... Read more »

BankUnited (BKU) Q4 Earnings & Revenues Beat, Stock Down 6.48%

BankUnited, Inc.’s BKU fourth-quarter 2021 earnings per share of $1.41 surpassed the Zacks Consensus Estimate of $1.14. The bottom line also jumped 58.4% from the prior-year quarter.Results primarily benefited from ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic