Aeria secures $ 1.8 mn pre-seed with Kalaari & Foundamental

28 Mar 2024 CW Team

Aeria, an asset management platform catering to commercial real estate, announced the closure of US$1.8 million in pre-seed funding. The funding round was spearheaded by Kalaari Capital and Foundamental, with contributions from AC Ventures, AL Trust, and several prominent angels.

The company disclosed its intentions to utilise the capital for expanding its footprint across Southeast Asia, the Middle East, and various other Asian regions within the upcoming year.

According to data from Crunchbase, funding for venture-backed proptech companies has exceeded pre-pandemic levels. Notably, construction tech and property management startups have been at the forefront of this trend.

In 2023, VC-backed real estate firms managed to raise a staggering $ 13.4 billion, a significant surge compared to the $ 4.1 billion raised during the corresponding period the previous year.

Infrastructure Energy

08 Oct 2025

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..

ONGC To Invest Rs 8.11 Billion In Andhra Onshore Oil, Gas Project

The Oil and Natural Gas Corporation Limited (ONGC) is set to invest Rs 8.11 billion for the onshore development and production of oil and gas from 172 wells across eight Production Mining Licence (PML) blocks in Andhra Pradesh.A committee under the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) for the project during a review meeting held last month.According to the Expert Appraisal Committee (EAC) minutes, the total project cost is estimated at Rs 8.11 billion, with a capital allocation of Rs 172 million towards the Environment Managem..

Tripura To Supply 40 MW Power To Mizoram For Christmas

The Tripura State Electricity Corporation Limited (TSECL) will supply 40 megawatts (MW) of power to Mizoram during the upcoming Christmas celebrations, continuing a long-standing tradition of power exchange between the two north-eastern states, officials confirmed on Sunday.During Durga Puja, the Mizoram State Power Corporation (MSPC) had supplied an equivalent 40 MW of electricity to Tripura to ensure an uninterrupted power supply during the festive period.“We had an agreement to receive 40 MW during Durga Puja, although the full amount was not utilised due to lower-than-expected demand in ..