HDFC Capital to Fund 10 Start-Ups

Published on November 19, 2022
Current Context: HDFC Capital in its second Housing and Affordable Real Estate and Technology (H@ART) Summit selected 10 start-ups for funding.
 
HDFC Capital to Fund 10 Start-Ups
  • 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
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