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HDFC Capital backed H@ART platform to fund 10 start-ups in India

At the HDFC Real Estate Tech Innovator’s Challenge 2022 which was hosted in partnership with Invest India and Housing and Urban Affairs Minister Hardeep Puri, HDFC Capital backed H@ART platform announced that it had shortlisted 10 start-ups that it intends to fund and support. The finalists included companies focused on fintech, construction tech, sustainability tech and sales tech.

Having previously invested in Indian prop tech companies such as HomeExchange, Loyalie, and Monsoon Credit, this year the Housing and Affordable Real Estate and Technology (H@ART) platform committed to making over fifteen investments. They have recently raised over 500 crore rupees through global investors as the first close of its property technology fund.

HDFC Capital is a subsidiary of Housing Development Finance Corporation Ltd and is one of India’s leading mortgage investors. Promoters of HDFC believe technology will play a significant role in the development of a sustainable, efficient real estate ecosystem and in meeting India’s “Housing for All’ goal.

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