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Reliance Group‘s private equity firm has made investment of USD 12 million in Square Yards which is a real estate brokerage firm.
The firm will be using the proceeds for strengthening its distribution network.
The company has secured the first institutional investment from Reliance Group after it had raised USD 11 million from a clutch of high net worth investors last year.
Square Yards, with the fresh capital infusion, aims to strengthen its distribution network across Indian and global markets.
