Tag: VC

  • NDTV Property Awards acknowledged Indian real estate space

    NDTV Property Awards acknowledged Indian real estate space

    MUMBAI: NDTV Property Awards, presented by Parryware, which is into its third year has emerged as the most credible benchmark for the real estate industry. Manisha Natarajan, Senior Editor, Business and Real Estate along with Vasudha Sharma and Anjali Istwal, co-anchors of The Property Show, hosted the third edition of the NDTV Property Awards, presented by Parrywareand powered by Johnson Tiles. The awards honoured and acknowledged excellence in Indian real estate and recognized real estate leaders whose persistent pursuit of excellence has fuelled India’s journey to the forefront of the world’s economy.

    The Chief Guest of the evening was Shri Babul Supriyo, the Minister of State for Housing & Urban Poverty Alleviation.

    The big winners of the night included Mr C.L Raheja who was conferred with the prestigious Lifetime Achievement Award, Brotin Banerjee was honoured with the Best CEO in Real Estate Award and real estate giant Omaxe Ltd. was felicitated with outstanding contribution to Tier 2 & Tier 3 cities.

    Held on 5th March, 2016 at Sheraton Grand Bangalore Hotel, Bengaluru, the ceremony was attended by the crème de la crème of the real estate world including Mr Irfan Razack, Chairman & Managing Director of the Prestige Group, Mr JC Sharma, VC & MD Sobha Limited, Mr Jaishankar, Chairman and Managing Director, Brigade Group and Mr Getamber Anand, CMD ATS Infrastructure.

    Awardees List

    Jury members for the  awards included Mrs Renu Sudkarnad, MD, HDFC; Mr Amit Bhagat, CEO & Managing Director, ASK Property Investment Advisors Pvt. Ltd; Mr Ritesh Vohra,Partner, Real Estate Investments, IDFC Alternatives Limited; Mr Rohit Salhotra, MD and CEO ICICI-HFC; Mr Sachin Sandhir, MD, South Asia, RICS and Ms Manisha Natarajan, Senior Editor, Business and Real Estate, NDTV.

    All results were confidentially tabulated and audited by KPMG with Prop Equity as the Knowledge Partner and EDS as Knowledge Partner for the Green Awards.

    Associate Sponsors for the event were Cushman & Wakefield, Rajnigandha Cables Pvt. Ltd, 99acres.com, Reliance Home Finance, Nippon Paint and Sheraton Grand Bangalore Hotel at Brigade Gateway as the hospitality partner.

  • NDTV Property Awards acknowledged Indian real estate space

    NDTV Property Awards acknowledged Indian real estate space

    MUMBAI: NDTV Property Awards, presented by Parryware, which is into its third year has emerged as the most credible benchmark for the real estate industry. Manisha Natarajan, Senior Editor, Business and Real Estate along with Vasudha Sharma and Anjali Istwal, co-anchors of The Property Show, hosted the third edition of the NDTV Property Awards, presented by Parrywareand powered by Johnson Tiles. The awards honoured and acknowledged excellence in Indian real estate and recognized real estate leaders whose persistent pursuit of excellence has fuelled India’s journey to the forefront of the world’s economy.

    The Chief Guest of the evening was Shri Babul Supriyo, the Minister of State for Housing & Urban Poverty Alleviation.

    The big winners of the night included Mr C.L Raheja who was conferred with the prestigious Lifetime Achievement Award, Brotin Banerjee was honoured with the Best CEO in Real Estate Award and real estate giant Omaxe Ltd. was felicitated with outstanding contribution to Tier 2 & Tier 3 cities.

    Held on 5th March, 2016 at Sheraton Grand Bangalore Hotel, Bengaluru, the ceremony was attended by the crème de la crème of the real estate world including Mr Irfan Razack, Chairman & Managing Director of the Prestige Group, Mr JC Sharma, VC & MD Sobha Limited, Mr Jaishankar, Chairman and Managing Director, Brigade Group and Mr Getamber Anand, CMD ATS Infrastructure.

    Awardees List

    Jury members for the  awards included Mrs Renu Sudkarnad, MD, HDFC; Mr Amit Bhagat, CEO & Managing Director, ASK Property Investment Advisors Pvt. Ltd; Mr Ritesh Vohra,Partner, Real Estate Investments, IDFC Alternatives Limited; Mr Rohit Salhotra, MD and CEO ICICI-HFC; Mr Sachin Sandhir, MD, South Asia, RICS and Ms Manisha Natarajan, Senior Editor, Business and Real Estate, NDTV.

    All results were confidentially tabulated and audited by KPMG with Prop Equity as the Knowledge Partner and EDS as Knowledge Partner for the Green Awards.

    Associate Sponsors for the event were Cushman & Wakefield, Rajnigandha Cables Pvt. Ltd, 99acres.com, Reliance Home Finance, Nippon Paint and Sheraton Grand Bangalore Hotel at Brigade Gateway as the hospitality partner.

  • UFO Moviez raises $22 million from 3i

    UFO Moviez raises $22 million from 3i

    MUMBAI: United Film Organizers (UFO) Moviez, a subsidiary of Apollo International Ltd, has raised $22 miilion (Rs 1 billion) of equity financing from UK-based 3i Group to fund its expansion plans.

    3i Group has subscribed to cumulative convertible preference shares and has the option to invest an additional $3 million at a later date. Indiantelevision.com had earlier reported that UFO was in the process of raising venture capital (VC) funding of $25 million (Rs 1.13 billion) and had mandated Ernst & Young for this.

    “3i has the option to put in an additional $3 million within this year. The exact holding of 3i will be arrived at based on our performance by FY09. That is the time when the preference shares will be converted,” says UFO Moviez CEO Sanjay Gaikwad.

    UFO will be using the capital to invest in hardware as it plans to expand its footprint in India and overseas. The immediate expansion plans include Middle East, South East Asia and Africa and the company says it is ready to roll out in January itself.

    UFO Moviez is currently present in 600 theatres across India and plans to create a chain of 3000 digital cinema houses worldwide by 2008.

    3i had entered the Indian market when last year it picked up around 33 per cent stake in Mumbai-based Nimbus Communications for Rs 1.97 billion.