Arrivae Raises INR 21 Cr From Mithun Sacheti To Offer Interior Design Solutions

Founded in 2018 by Yash Kela, Arrivae offers end-to-end and design-to-manufacturing home interior offerings. The fresh proceeds will be used to expand its distribution, penetrate deeper into existing markets, and boost supply chain.

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Livspace in talks to raise $25 million from existing investor KKR

Livspace is likely to be valued at around $700 Mn. during the ongoing negotiations. The company, which raised $180 Mn. in February 2022 from KKR and others, was last valued at $1.2 billion, but may see its valuation reduce.

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Fundraise by InvITs, REIT surges multi-fold to Rs 17,116 Cr. in FY24 on promising returns

Investor interest in Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) has surged, with fundraising hitting Rs 17,116 Cr. in 2023-24, a significant increase from the previous year. The optimistic outlook for FY25 is driven by regulatory amendments and growing popularity.

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Pvt equity investment in real estate dips 16 pc last fiscal to USD 3.67 bn: Anarock

Private equity funding in India's real estate sector dropped by 16% to USD 3.67 billion in the last fiscal year, according to Anarock. The decline is attributed to reduced interest from foreign investors due to global economic and geopolitical uncertainties. Domestic investors' share in real estate investments increased to 29%, up from 24% the previous year.

MyGate crosses Rs.100cr.in revenue in FY24

Abhishek Kumar, Cofounder, Mygate shared the FY24 update on LinkedIn where he highlighted the key achievements of MyGate in FY24. MyGate is set to double its revenue & achieve profitability in 2025.

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DevX aims to double co-working office portfolio to 2 mn sq ft

The company currently has operational centres in key cities like Mumbai, Pune, Hyderabad, Noida, Raipur, Jaipur, and Ahmedabad. Last week, it set up a new co-working centre spread over 25,000 sq ft with 300 seats in Udaipur.

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Ascott plans to enter co-living space in India

Ascott, a Singaporean hospitality brand under CapitaLand Investment, aims to venture into India's co-living sector alongside its expansion of serviced apartment offerings in the country.

Co-living firms join hands with build-to-suit property developers to push revenue

The demand for co-living spaces and BTS properties has been steadily increasing, driven by factors such as urbanisation, increasing student and working professional populations, and changing lifestyle preferences.

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From clicks to bricks: Proptech startups ride the online home-buying wave

Leading PropTech firms like Square Yards, Aurum PropTech, Spyre PropTech, and Relata.io have major investment plans to expand. PropTech has emerged as a catalyst in driving the real estate industry's growth towards a projected $1 trillion by 2030.

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First small and medium REIT expected to be listed by October: Naredco

Naredco said that by lowering entry barriers and offering diversification opportunities, SM REITs intend to attract more retail and institutional investors.

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