HDFC Capital Backs Earth Fund With ₹20 Crore Commitment

05 Dec 2025 CW Team

The partnership strengthens the Earth Fund’s mandate of supporting early-stage ventures that are redefining the built world and positions it as an active strategic partner, enabling start-ups with access to developer ecosystems, industry insights and real-world deployment opportunities.

Vipul Roongta, CEO of HDFC Capital, and Manish Agarwal, Associate Principal – Investments and Strategy, HDFC Capital, said: “India has a vibrant start-up ecosystem that continues to develop innovative solutions enhancing efficiencies across the built environment. HDFC Capital’s H@ART platform, established in 2019, was created to invest in, mentor, and partner with companies focused on driving such efficiencies. Our strategic partnership with Earth Fund is a natural extension of this commitment, and we are excited to work together to catalyse next-generation solutions for the Indian real estate sector.”

Nirupa Shankar, GP, Earth Fund said, “HDFC Capital’s participation reaffirms our belief that PropTech has transitioned from experimentation to essential infrastructure. HDFC Capital’s deep understanding of real estate financing and proptech combined with Earth Fund's startup ecosystem creates a powerful platform for founders building transformative solutions.”

Abhijeet Pai, GP, Earth Fund, added, “We are delighted to welcome HDFC Capital to Earth Fund and Zoiros. The built world is on the verge of a major transformation as AI, evolving consumer expectations and new health demands reshape how we design, build and live in our spaces. With HDFC Capital’s partnership, Earth Fund is further energised to back entrepreneurs reimagining infrastructure, housing and construction in smarter, sustainable and impactful ways.”

HDFC Capital has partnered with Brigade Enterprises Limited and Gruhas Proptech LLP in a strategic move to accelerate innovation across the Indian built environment. As part of the collaboration, HDFC Capital has acquired a minority stake in Zoiros Projects Private Limited and committed ₹20 crore to the Earth Fund, India’s only PropTech-focused investment platform anchored by Brigade Group and Gruhas.The partnership strengthens the Earth Fund’s mandate of supporting early-stage ventures that are redefining the built world and positions it as an active strategic partner, enabling start-ups with access to developer ecosystems, industry insights and real-world deployment opportunities.Vipul Roongta, CEO of HDFC Capital, and Manish Agarwal, Associate Principal – Investments and Strategy, HDFC Capital, said: “India has a vibrant start-up ecosystem that continues to develop innovative solutions enhancing efficiencies across the built environment. HDFC Capital’s H@ART platform, established in 2019, was created to invest in, mentor, and partner with companies focused on driving such efficiencies. Our strategic partnership with Earth Fund is a natural extension of this commitment, and we are excited to work together to catalyse next-generation solutions for the Indian real estate sector.”Nirupa Shankar, GP, Earth Fund said, “HDFC Capital’s participation reaffirms our belief that PropTech has transitioned from experimentation to essential infrastructure. HDFC Capital’s deep understanding of real estate financing and proptech combined with Earth Fund's startup ecosystem creates a powerful platform for founders building transformative solutions.”Abhijeet Pai, GP, Earth Fund, added, “We are delighted to welcome HDFC Capital to Earth Fund and Zoiros. The built world is on the verge of a major transformation as AI, evolving consumer expectations and new health demands reshape how we design, build and live in our spaces. With HDFC Capital’s partnership, Earth Fund is further energised to back entrepreneurs reimagining infrastructure, housing and construction in smarter, sustainable and impactful ways.”

Infrastructure Urban

25 Dec 2025

Assam Poised as Act East Gateway, Sonowal tells Guwahati Dialogue

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Tuesday said Assam is uniquely positioned to emerge as a regional growth hub under India’s Act East Policy, calling on entrepreneurs to leverage the state’s strategic geography, improving connectivity and governance reforms to drive inclusive development across the Northeast.Delivering the keynote address at the second Guwahati Dialogue, Sonowal said Assam has the potential to cater to a market of nearly 800 million people extending from Nepal to Myanmar, as India strengthens economic and logistical integration with Sout..

Infrastructure Urban

25 Dec 2025

Industrial Parks Drive Smarter Infrastructure, Stronger Growth

Industrial parks are increasingly emerging as a key instrument in advancing India’s industrialisation and innovation agenda, playing a vital role in strengthening the country’s manufacturing base and economic competitiveness. Developed through collaboration between the government, state authorities and the private sector, these parks are designed to attract investment, enable efficient industrial operations and promote balanced regional development.An industrial park typically comprises a planned and developed tract of land designated for industrial use, often supported by shared infrastru..

Infrastructure Urban

25 Dec 2025

CCI Approves Asia II Topco’s Warrant Acquisition in Federal Bank

The Competition Commission of India (CCI) has approved the acquisition of certain warrants of Federal Bank by Asia II Topco XIII, paving the way for a minority investment in the private sector lender.The proposed combination involves Asia II Topco XIII acquiring warrants issued by Federal Bank, with each warrant carrying the right to subscribe to one fully paid-up equity share of the bank. Upon full exercise of these warrants, the acquirer is expected to hold 9.99 per cent of Federal Bank’s paid-up share capital on a fully diluted basis.As part of the transaction, the acquirer will also have..