Brigade Group, Gruhas Launch Rs 3 Bn Earth Fund for PropTech & Sustainability
Technology

Brigade Group, Gruhas Launch Rs 3 Bn Earth Fund for PropTech & Sustainability

Brigade Group and Gruhas, the investment arm of Nikhil Kamath and Abhijeet Pai, have partnered to launch The Earth Fund, a Rs 3 billion investment initiative supporting startups in real estate, construction, and PropTech. This SEBI-registered Rs 2 bn Category II AIF, with a Rs.100 crore green-shoe option, aims to drive innovation and sustainability in India’s built environment.

Earth Fund will invest USD 1-2 million in Pre-Series A and Series A startups with proven market fit, targeting 10-15 companies innovating in UrbanTech, climate tech, clean energy, and smart mobility. Brigade’s deep real estate expertise and Gruhas’ investment acumen will provide industry integration, market access, and strategic growth support.
Nirupa Shankar, Joint MD, Brigade Enterprises Ltd., emphasized Earth Fund’s focus on bridging traditional real estate with cutting-edge technology, leveraging Brigade REAP’s experience in accelerating UrbanTech startups. Abhijeet Pai, Co-Founder, Gruhas, highlighted the fund’s role in modernizing India’s built environment, supporting ventures in AI-driven urban planning, green buildings, and smart infrastructure.

The fund’s first investments are expected to be announced soon.

Brigade Group and Gruhas, the investment arm of Nikhil Kamath and Abhijeet Pai, have partnered to launch The Earth Fund, a Rs 3 billion investment initiative supporting startups in real estate, construction, and PropTech. This SEBI-registered Rs 2 bn Category II AIF, with a Rs.100 crore green-shoe option, aims to drive innovation and sustainability in India’s built environment.Earth Fund will invest USD 1-2 million in Pre-Series A and Series A startups with proven market fit, targeting 10-15 companies innovating in UrbanTech, climate tech, clean energy, and smart mobility. Brigade’s deep real estate expertise and Gruhas’ investment acumen will provide industry integration, market access, and strategic growth support.Nirupa Shankar, Joint MD, Brigade Enterprises Ltd., emphasized Earth Fund’s focus on bridging traditional real estate with cutting-edge technology, leveraging Brigade REAP’s experience in accelerating UrbanTech startups. Abhijeet Pai, Co-Founder, Gruhas, highlighted the fund’s role in modernizing India’s built environment, supporting ventures in AI-driven urban planning, green buildings, and smart infrastructure.The fund’s first investments are expected to be announced soon.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?