Hiranandani Group to launch Tez Platforms with Rs 1k cr investment

17 Feb 2022 CW Team

The real estate major based in Mumbai, Hiranandani Group announced the foray into their technology-led consumer services via the new venture ‘Tez Platforms’, it is all set to be launched this year, having an initial outlay of around Rs 1,000 crore.

Over the period of the next two or three years, the group plans to make an additional investment of approximately Rs 3,500 crore in the venture.

The company to have their focus on large-scale opportunities in entertainment, social media, e-commerce, gaming and esports, personal mobility, blockchain-linked solutions, and artificial intelligence.

Hiranandani Group's chief executive officer said that the group has a road map for the launch of two highly sought-after services in 2022. It will be followed by three more in the next year. Tez Platforms to leverage talent and synergies from several Hiranandani Group entities while having aggressive plans for hiring more than 250 employees in Financial Year 2023.

Yotta Infrastructure shall continue to be their vehicle for investing in areas of interconnectivity, cloud computing, enterprise applications, and enterprise cyber security technologies, enhanced by their hyper scale as well as edge data center roll-outs.

Image Source

Also read: Hiranandani, Blackstone Group JV to invest Rs 3k cr

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..