Wednesday, April 24

Tag: property

Dubai based Indian Businessman donates Property to Quarantine Coronavirus affected Patients
MIDDLE EAST, News

Dubai based Indian Businessman donates Property to Quarantine Coronavirus affected Patients

A Dubai-based Indian businessman has donated a fully-equipped building owned by him to the country's health authorities for the purpose of quarantining coronavirus affected patients, according to media reports. Ajay Sobhraj, Founder and Chairman of Dubai-based Finja Jewellery, has donated the building in Jumeirah Lake Towers in Dubai, that can accommodate up to 400 people, to be used as a quarantine centre, the Gulf News reported on Sunday. In a letter addressed to the Dubai Health Authority titled 'To Support and Give Back to the City That Cares', the Indian businessman who has called Dubai his home for 25 years, has donated a fully-equipped building in Jumeirah Lake Towers to be used in the country's fully integrated strategy against the COVID-19 crisis, the report said. "I bel...
Zvesta Raises USD 5.5 MN in Funding from Hindustan Media Ventures
FUNDING

Zvesta Raises USD 5.5 MN in Funding from Hindustan Media Ventures

New Delhi, 20th February 2020: Zvesta, Proptech Company based in Gurugram has raised USD 5.5 million from Hindustan Media Ventures Limited.  The company shall utilize the raised capital to build its brand & collaborative marketing for real Estate Aggregation across the country. Its primary focus is on building alliances and partnerships across India strengthening through its technology product.   Zvesta founders adorn the different cultures and professional backgrounds feel an instant connect with the Real Estate Community, given their shared sense of understanding and experience for maturing Zvesta to the next level in business. The company founders Rajan Dang, a multi-domain industry Leader in Banking, FMCG, Ecommerce & Real estate, and Anushree Srivastava, in past was Joint ...
Square Yards Acquires Rental & Property Management Firm Azuro
ACQUISITION

Square Yards Acquires Rental & Property Management Firm Azuro

Property brokerage firm Square Yards, which is backed by Anil Ambani-led Reliance Group, has acquired Mumbai-based rental platform Azuro as part of its expansion plan. Founded in 2016 by IIT Bombay alumni Altaf Ahmad, Sushant Kumar, Sudhanshu Mishra, Ayush Agrawal and Vishal Chauthmal, Azuro offers rental and property management solutions. It helps in finding a tenant, background checks, automated rent collection, property maintenance and tenant exits. The entire team of Azuro, including its co-founders, has joined Square Yards and will continue to operate under the larger umbrella with the same brand name. Square Yards founder and CEO Tanuj Shori said, "Square Yards is building an integrated intermediary ecosystem for the real estate industry and this requires the best of techno...
Delhi-NCR Based Startup Cloud1 Enterprises Raises Funding From JLL India
FUNDING

Delhi-NCR Based Startup Cloud1 Enterprises Raises Funding From JLL India

Property consultant JLL India's arm has invested an undisclosed amount in the NCR-based Cloud1 Enterprises, a technology platform for bringing efficiency in employee transportation. In October last year, JLL India had launched a real estate technology investment vertical and made first investment into Foyr.com. This structured vertical makes proprietary investments into early-stage technology companies with the potential to disrupt the real estate business. JLL India today announced its investment in Cloud1 Enterprises, which it said is "an end-to-end cloud based platform that enables corporates to deploy telematics technologies to bring efficiency to employee transportation." "Estimated at USD 2 billion in India alone, the employee transportation sector is currently highly fragme...
Housing.com & Tata Housing Collaborate To Develop Digital Marketing Platform For Projects
BUSINESS

Housing.com & Tata Housing Collaborate To Develop Digital Marketing Platform For Projects

Realty portal Housing.com has tied up with real estate major Tata Housing to create an exclusive digital marketing platform for the sale of existing inventories and launch of new projects. Housing.com and Tata Housing have formed a partnership as part of which the realty portal would "offer a full stack solution by creating an exclusive integrated pan-India brand platform showcasing their current inventory (premium homes as well as Tata Value Homes) as well as exclusive launch of their upcoming projects." As part of this partnership, Housing.com will implement a wide gamut of solutions that include interactive tools like Virtual Reality, creation of exclusive content through Housing.com design studio, leveraging Housing News, IREF platforms as well as Housing.com events and brand pla...