financial and business service
Realtors’ body CREDAI (The confederation of Real Estate Developers’ Association of India) today appreciated the RBI’s (Reserve Bank of India) move to ease norms for banks to raise long term funds for financing affordable housing. They believe that this will lead to cheaper credit for such projects. In order to encourage infrastructure development and affordable housing, [...] Continue Reading »
In a last-week announcement, radio taxi cab network Olacabs revealed that it has raised an amount of Rs 250 crore in a Series C funding round led by Hong Kong-based equity hedge fund Steadview Capital and venture capital firm Sequoia Capital. Other than Steadview Capital and Sequoia Capital, the other participants in Olacabs’ latest funding round were [...] Continue Reading »
