New Delhi, HDFC Capital Advisors on Monday said it has acquired 8.5 per cent stake in Trueboard Technologies Pvt Ltd.
Trueboard has developed a technology platform called TruGenie for real estate asset management that aims to meet the needs of investors, asset owners and developers.
TruGenie is currently being used by some of the top private banks and real estate funds, it said in a statement.
“Our investment in Trueboard is part of the H@ART initiative, set up to invest and partner in technology companies that bring efficiency to the real estate ecosystem,” said Vipul Roongta, Managing Director and CEO, HDFC Capital.
Vipul Thakor, Co-Founder, Trueboard, said, “This strategic investment from HDFC Capital is a testament to our vision and the value we bring to the industry.
The statement said this strategic investment will help accelerate technology enhancements, expand market reach and ensure strong infrastructure and customer support for future growth.
Trueboard has developed a technology platform called TruGenie for real estate asset management that aims to meet the needs of investors, asset owners and developers.
TruGenie is currently being used by some of the top private banks and real estate funds, it said in a statement.
“Our investment in Trueboard is part of the H@ART initiative, set up to invest and partner in technology companies that bring efficiency to the real estate ecosystem,” said Vipul Roongta, Managing Director and CEO, HDFC Capital.
Vipul Thakor, Co-Founder, Trueboard, said, “This strategic investment from HDFC Capital is a testament to our vision and the value we bring to the industry.
The statement said this strategic investment will help accelerate technology enhancements, expand market reach and ensure strong infrastructure and customer support for future growth.
