News
Gruhas Proptech, Lumos Alternate Investment come together for its maiden Rs. 500 cr real estate fund
Mumbai, November 30: Gruhas Proptech LLP, promoted by serial entrepreneur Mr. Abhijeet Pai and Zerodha’s Co-founder Mr. Nikhil Kamath, joins Lumos Alternate Investment Advisors Private Limited (Lumos) as anchor investor and general partner. The joint venture Gruhas & Lumos is in the process of raising Rs. 500 cr for a real estate fund focused on structured debt, last-mile funding, and opportunist equity in real estate projects across major India cities.
KK Rathi, founder of FirstBridge Capital Partners LLP and SS Asokan, Ex-Senior Director at Shriram Properties Limited, also join the Gruhas & Lumos board as co-founders.
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