HDFC Capital Selects 10 Startups For Funding and Support

Recent in News: HDFC Capital selected 10 startups to give them support and Funding through their H@ART platform. So far, H@ART has infused money in Loyalie, HomeExchange, and Monsoon Credit.

What is H@ART Platform?

HDFC Capital’s tech platform H@ART aims to create efficiencies and reduce costs in the overall development cycle of real estate projects. H@ART is a not-for-profit tech platform set up by HDFC Capital. It also launched HDFC Real Estate Tech Innovators 2022, in association with Startup India wherein 10 startups were shortlisted.

It aims to invest in 15 startups and has raised around 500 crore till now.

Who are the stakeholders of H@ART?

Its stakeholders are global and domestic investors, developers, real estate funds, VC and general private equity funds, startups, academia and industry associations.

What is HDFC Capital?

HDFC Capital is a subsidiary of HDFC limited.

HDFC Capital Advisors Limited is a specialized Real Estate Private Equity Investment Manager which seeks to deliver competitive returns to its investors. We are amongst the world’s leading fund managers focused on investing in affordable and mid income housing sectors.

We are the investment manager to HDFC Capital Affordable Real Estate Fund 1 (HCARE-1), HDFC Capital Affordable Real Estate Fund 2 (HCARE-2) and HDFC Capital Affordable Real Estate Fund 3 (HCARE-3) all SEBI registered Category II Alternative Investment Funds.

Our goal is to finance the development of 1 million affordable homes in India through a combination of flexible financing, strong partnerships and technology innovations, thus creating long-lasting social and economic impact.

Who is the chairman of the advisory body of HDFC Capital?

Deepak Parekh, Chairman of HDFC Ltd.

Other posts

• General Awareness Quiz Series 2022: 18th November

• Unified District Information System for Education Plus (UDISE+) 2021-22 Report

• Climate Change Performance Index 2023

• GK Questions For GK Questions