MYRE capital, a venture by architect firm Morphogenesis, has raised Rs 100 crore in pre-launch funds and is in the final stages to acquire grade A commercial real estate assets in Mumbai, Pune, Bengaluru and Delhi-NCR to offer these for fractional investment. The company intends to further raise and invest Rs 500 crore by March 2021 and is in process of finalising assets in central business districts of NCR, Mumbai and Pune.
(Economic Times)
MYRE capital raises Rs 100 crore in pre-launch funds
Date posted: Wednesday 9 December 2020