HDFC Capital Boosts TruBoard Technologies with Strategic Investment
TruBoard's TruGenie platform revolutionizes real estate asset management, enhancing investor experiences and driving industry growth.
Real Estate Asset ManagementTruboard TechnologiesHdfc Capital AdvisorsTrugenie PlatformInvestmentReal Estate PuneJul 01, 2024
TruBoard has developed an innovative technology platform called TruGenie, specifically designed to cater to the needs of investors, asset owners, and developers in the real estate sector. This cutting-edge platform is already being utilized by top private banks and real estate funds, demonstrating its potential to transform the industry.
According to Vipul Roongta, Managing Director and CEO of HDFC Capital, this investment is part of the H@ART initiative, which focuses on partnering with technology companies that bring efficiencies to the real estate ecosystem. The strategic investment will enable TruBoard to accelerate technology enhancements, expand its market reach, and ensure robust infrastructure and customer support for future growth.\n\nTruBoard Co-Founder Vipul Thakore expressed gratitude for the investment, stating that it validates their vision and the value they bring to the industry. With this partnership, TruBoard is poised to revolutionize the real estate asset management landscape.
HDFC Capital Advisors is a leading investment advisory firm that provides strategic guidance to companies in the real estate and infrastructure sectors. TruBoard Technologies, on the other hand, is a technology-driven company that offers innovative solutions for real estate asset management.
Frequently Asked Questions
What percentage stake has HDFC Capital Advisors acquired in TruBoard Technologies?
HDFC Capital Advisors has acquired an 8.5% stake in TruBoard Technologies.
What is TruGenie, and what is its purpose?
TruGenie is a technology platform developed by TruBoard Technologies for real estate asset management, aiming to address the needs of investors, asset owners, and developers.
What is the H@ART initiative?
The H@ART initiative is a program set up by HDFC Capital to invest and partner with technology companies that bring efficiencies to the real estate ecosystem.
What benefits will TruBoard Technologies gain from this strategic investment?
The investment will enable TruBoard to accelerate technology enhancements, expand its market reach, and ensure robust infrastructure and customer support for future growth.
Who are the co-founders of TruBoard Technologies?
Vipul Thakore is one of the co-founders of TruBoard Technologies.
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