Kumar Urban Gets Rs 50 Cr Funding From Reliance PMS, Kotak

sunandaC

New member
Kumar Urban Development Limited has raised Rs.50 Cr from Reliance Portfolio Management Services (Rs.30 Cr), a part of Reliance Capital Asset Management Ltd, and Kotak Mahindra Bank Ltd's NBFC (Rs.20 Cr).

Company has 15 ongoing projects across four cities in India with a total saleable area of 3.42 Mn sq. ft. It plans to launch two more projects in Mumbai and Pune later this year.
 
Top