Proptech players has witnessed a cumulative investment of nearly $4 billion between 2009 and 2022, boasting an impressive compounded annual growth rate (CAGR) of 49%.
SoftBank’s Rajeev Misra, among others, said that capital isn’t a constraint for the Japanese investor when it comes to investing in India, but opportunities are.
Info Edge founder Sanjeev Bikhchandani says investing in Rahul Yadav's startup was a 'mistake' after Q1 results.
The Indian Real Estate Sector recorded robust private equity investment of $1.92 bn in Q2 2023, highlighting investor confidence in the market after a marginally subdued Q1. This is 63% higher than the previous quarter (Q1-23) and 60% higher than the same period last year, according to Cushman & Wakefields latest Investment report.
Some of the marquee existing and new investors that invested in the QIP include HDFC Life Insurance, HDFC Mutual Fund, SBI, 360 One (formerly IIFL), Morgan Stanley Asia and Ashoka India Opportunities Fund among others.
Developed by JLL Technologies (JLLT), the generative AI model will be used by JLL’s workforce to provide CRE insights to clients in a whole new way.
Melbourne-based REA Group which owns Housing.com stated that it experienced a 46% surge in revenue from India for the financial year that ended in June 2023. By comparison, Australian revenue only saw a 1% uptick during the same period. REA India posted a revenue of AUD 79 million ($57 million) in the fiscal year, up from AUD 54 million the previous year.
"We are currently in our series D-round fundraise. We're looking to raise anywhere between $50-75 million and this will be used for expansion because we are already profitable as a corporate," said Nikhil Sikri, CEO and co-founder, Zolostays.
Indian SaaS industry to reach $50 billion by 2030, said a BVP report. Indian SaaS market to grow from $13 billion in 2022 to $50 billion by 2030. Number of companies with >$100M ARR to increase to 11 in 2023 from 9 in 2022.
The warehousing industry is seeing significant growth in India, driven by rising consumer demand, the expansion of e-commerce, and investment in manufacturing, with cumulative supply expected to reach 516 million sq ft by 2026.
In India, REITs have proven popular with both institutional and retail investors. A total of four REITs were listed in the India market as of May 2023, comprising three office REITs and one retail REIT. The three office products have been in existence for more than two years, while the retail product was a new listing in May 2023, mentioned the report.