Less than 1% of developers’ revenue in India is invested in technology, says Nirupa Shankar, Joint Managing Director of Brigade Enterprises. While the global prop-tech industry has attracted $110 billion, India has only invested $5 billion, Shankar said, noting that Indian developers still rely on manual processes, unlike global players who use AI, automation, and […]
Real estate player Brigade Group and venture investment firm Gruhas have launched a ₹200 crore SEBI-registered Category-II Alternative Investment Fund (AIF), the Earth Fund, with an additional ₹100 crore green-shoe option. This marks Gruhas’ second fund, with Brigade as a major investor. The fund aims to invest $1-2 million per start-up, over 10-15 start-ups in […]
TOKYO, Japan: SBC Medical Group Holdings Incorporated (NASDAQ: SBC, “SBC Medical”, or the “Company”), a global owner, operator and provider of management services and products to cosmetic treatment centers, today announced that it will report its full year 2024 financial results before the U.S. market open on Friday, March 28, […]
As a leader in forward-thinking innovation and excellence over the past few centuries, the Hiranandani Group takes immense pride in its heritage. A brand dedicated to quality, innovation, and sustainability, the Hiranandani brand exemplifies trust, transparency, and accountability. Integrity is the cornerstone of every project we undertake. These values form the cornerstone of their […]
Agri value chain enabler Samunnati has appointed Suresh Rajagopalan as the new Group Chief Technology Officer (CTO) to drive innovation through technology-led solutions for the agri ecosystem. Rajagopalan will also assume the role of CEO of the subsidiary company Samunnati Agri Innovation Labs (SAIL). Rajagopalan brings over 30 years of expertise in banking, payments, and […]
Noida-based Knam Group, which manufactures and supplies basmati and non-basmati rice through its arm, Goyal Rice Mill (GRM), is expanding its rice mill in at Ladwa near Kurukshetra in Haryana and making it a state-of-the-art facility. Group’s CEO Amit Goel told businessline in an online interaction that the company acquired a small piece of land […]
SpiceJet on Monday said its founder Ajay Singh will infuse ₹294 crore into the airline through a promoter group entity by way of conversion of warrants into equity shares, following which promoter group’s shareholding will increase to over 33 per cent. Singh, also the Chairman and Managing Director of the carrier, will be infusing the […]
India’s middle-income group (MIG) has solidified its position as the backbone of the country’s home loan market, accounting for 44 per cent of outstanding individual housing loans as of September 2024, according to the National Housing Bank’s (NHB) latest report, ‘Trend and Progress of Housing in India 2024’ With individual housing loans surging 14 percent year-on-year […]
Yog guru Baba Ramdev and Patanjali Ayurved’s Managing Director Acharya Balkrishna (ANI Photo) MUMBAI: The board of Magma General Insurance has approved a share purchase agreement under which Patanjali Ayurved and several foundations will acquire a controlling stake in the company. The agreement, finalised on March 12, involves the transfer of equity shares from existing […]
Bengaluru-based listed real estate developer Brigade Group has launched a premium residential project in north Bengaluru’s Devanahalli with a revenue potential of ₹380 crore, the company said on March 13. ₹380 crore. (Representational Photo) (Pixabay)(Pixabay)” title=”Bengaluru-based listed real estate developer Brigade Group has launched a premium residential project in north Bengaluru’s Devanahalli with a revenue […]
