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BUSINESS

Nikhil Kamath-Backed Gruhas Targets Rs 2,000 Crore AUM in AIFs

Picture Source: Internet

Gruhas, a prop-tech investment firm owned equally by Nikhil Kamath and Abhijeet Pai, is looking to raise Rs 2,000 crore across three funds over the next few quarters.

Pai is the president of Puzzolana Machinery Fabricators, a mining and construction equipment manufacturing company.

The three funds focus on real estate debt and equity investment in prop-tech and new-age materials, respectively.

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