Categories
Investment

WeWork to inject $100mn in its India unit

Softbank-backed coworking space company, WeWork recently announced that it will inject $100mn in its India unit WeWork India to help boost growth. The two companies are trying to take advantage of the long-term opportunities that India offers as a flexible workspace market. “The fresh round of capital from our long-term partners at WeWork Global represents […]

Categories
Investment

Real estate startup NoBroker raises $30mn in Series D funding

Online real estate rental platform NoBroker.com recently announced that it has raised $30million in Series D funding round by General Atlantic. Reportedly, this is the third investment by the Singapore-based Venture Capitalist firm in the startup. The company said this is an extension of its Series D funding, as part of which it had raised […]

Categories
News

New investments in realty sector dried up by 55% during the last fiscal across India: ASSOCHAM

According to ASSOCHAM,  new investments in the real estate sector across India have dried up by about 55 per cent as of March 2013 as against the corresponding period last year. “The realty sector in India attracted new investments worth over Rs 42,000 crore as of March 2013 which slipped from over Rs 92,600 crore […]