HDFC Capital to Fund 10 Start-Ups

Current Context: HDFC Capital in its second Housing and Affordable Real Estate and Technology (H@ART) Summit selected 10 start-ups for funding.

 

• The 2nd HDFC Capital H@ART Summit was held in Mumbai, Maharashtra.
• It launched the HDFC Real Estate Tech Innovators 2022 challenge in which more than 537 start-ups participated.
• In the summit, 10 start-ups were shortlisted by HDFC Capital for funding:

1. Four are related to Construction Technology
2. Three are related to Sustainability Technology
3. Three are related to Financial Technology (FinTech)

• According to HDFC Capital, it raised more than INR 500 crores through global investors as the first close of its property technology fund.
• HDFC Capital Advisors Limited is a subsidiary of HDFC Ltd and is a specialized Real Estate Private Equity Investment Manager that was established in 2015 with its headquarters in Mumbai. The current MD & CEO of the company is Vipul Roongta.

Question:

Q.1 Recently the 2nd H@ART Summit was organized by?
a. HDFC Capital
b. Heart Rhythm Society
c. Huawei
d. Hindustan Unilever