Motilal Oswal Raises Rs 17.5 Billion for Sixth Real Estate Fund

09 Jan 2025 CW Team

Motilal Oswal Alternates (MO Alts), the alternative investments division of Motilal Oswal Financial Services, has raised over Rs 17.5 billion for its sixth real estate fund, India Realty Excellence Fund VI (IREF VI). The fund focuses on investments in mid-income housing projects across India’s top eight cities, including Mumbai, Pune, Chennai, Hyderabad, and Kolkata.

This financial year, MO Alts has committed around Rs 13 billion to developers, with Rs 10 billion invested through IREF VI. The fund has partnered with developers such as Ajmera Realty, Runwal Enterprises, Ambuja Neotia Group, Casagrand Group, Radiance Realty, Mantra Properties, BSafal Group, Bhagwati & Gami Group, and Candeur Group.

Saurabh Rathi, MD & Co-Head of Real Estate Funds at MO Alts, emphasised the sector’s resilience, supported by strong economic fundamentals, stable interest rates, and government policies. He highlighted the growth in the residential market, driven by increasing home loan deployments and infrastructure advancements, aligning with the fund’s investment strategy.

IREF VI has already committed Rs 10 billion across 10 projects within 10 months of its first close and aims to complete fundraising in the next two months, according to Anand Lakhotia, MD & Co-Head of Real Estate Funds at MO Alts.

MO Alts has also made 11 successful exits from its previous funds, generating robust returns of Rs 10 billion in the last year. The platform manages six real estate funds and multiple non-convertible debenture (NCD) investments, with cumulative real estate assets under management (AUM) exceeding Rs 95 billion.

Overall, Motilal Oswal Alternates manages more than $2 billion in assets across various investment classes, having completed 168 real estate investments with 100 successful exits to date.

(ET)

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..