Motilal Oswal Private Equity
Shubham Housing Development Finance Company (Shubham) is a provider of home loans and home improvement loans for individuals with informal income. This Gurgaon-based company today announced raising Series ‘C’ funding of Rs. 122 crore. The funding was led by Motilal Oswal Private Equity along with existing investors- Helion Advisors, Elevar Equity, Accion Frontier and Saama Capital. Shubham’s balance sheet [...] Continue Reading »
Housing finance provider Shubham Housing Development Finance Company has raised Rs. 122 crore ($20 million) in its recent round of funding from Motilal Oswal Private Equity (MOPE) and existing investors Helion Venture Partners, Elevar Equity Mauritius, ACCION Frontier Investment Group and Saama Capital. MOPE invested around Rs. 62 crore while the rest came from the [...] Continue Reading »
India Realty Excellence Fund II LLP, Motilal Oswal’s second real estate private equity fund, has made a fresh investment of 60 crore in housing project of Mumbai-based developer Ahuja Group’s. The company has raised this fund for deployment in its Ambernath project, in Mumbai’s central suburb, spread across 2.5 million square feet. The management of [...] Continue Reading »
The India Realty Excellence Fund II LLP has raised this fund for deployment in its Ambernath project spread across 2.5 million square feet in Mumbai’s central. As per the person related to the development, this deal was closed in beginning of January. Motilal Oswal Real Estate fund, which is the real estate wing of Motilal [...] Continue Reading »
The real estate arm of Motilal Oswal Private Equity, Motilal Oswal Real Estate (MORE), has announced the first closure of its second real estate fund. The fund — India Realty Excellence Fund (IREF) II LLP – has raised Rs 225 crore in three months. The fund is targeting to raise Rs 300 crore with a [...] Continue Reading »
Motilal Oswal Private Equity, an India-focused risk capital firm, is raising a Rs 500-crore real estate fund that will invest primarily in residential projects. This comes at a crucial time as private equity investments in the Indian real estate market have sharply dipped in the first three quarters of 2012. As per sources, the new [...] Continue Reading »
