News
Square Yards raises $25mn from ADM
Square Yards on July 16 announced that it has received $25mn (Rs 185 crore) in growth financing from ADM Capital, a global investment manager with $2.4 billion assets under management across Asia Pacific and Europe.
According to a press release, this capital infusion serves as the first tranche of the company’s ongoing plan of larger growth capital raise of $100mn+ in the near term. Square Yards, it said, will use the capital to expand and invest in various verticals across the value chain.
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