HDFC Capital's Major Investment in PropTech Revolution

HDFC Capital Commits ₹20 Crore to Brigade–Gruha PropTech Fund

In a strategic move highlighting the rising role of technology in real estate, HDFC Capital has come in as a limited partner in a PropTech-focused fund co-managed by Brigade Enterprises and Gruha Capital. As part of the partnership, HDFC Capital has committed ₹20 crore to the fund, reinforcing its focus on innovation-led growth within India’s property ecosystem.

Focus on Early-Stage PropTech Startups

The fund is structured as a SEBI-registered Category II Alternative Investment Fund and is designed to back early-stage startups building technology solutions for the built environment. Its investment focus includes platforms that improve construction efficiency, digitise real estate operations, enhance sustainability, and upgrade customer experience across the property lifecycle.

Beyond capital, the fund aims to provide portfolio companies with access to industry expertise, mentorship, and real-world deployment opportunities through Brigade’s real estate ecosystem and Gruha Capital’s startup-focused investment platform.

Strategic Importance of the Partnership

The collaboration reflects the growing convergence of real estate and technology as developers and investors seek scalable, data-driven, and cost-efficient solutions. With increasing urbanisation and evolving consumer expectations, PropTech is becoming a critical enabler for modern real estate development and management.

• HDFC Capital brings long-term capital and deep experience in real estate financing.
• Brigade Enterprises contributes operational expertise and on-ground execution capabilities.
• Gruha Capital specialises in identifying and nurturing high-potential technology startups.

Outlook

With HDFC Capital joining as a limited partner, the fund is expected to actively deploy capital into early-stage PropTech companies, typically investing in pre-Series A and Series A rounds. The partnership is positioned to accelerate innovation across India’s real estate sector while supporting startups that can deliver measurable efficiency, sustainability, and value creation.