Earnnest.me a neo financing platform of Certus Capital closes Rs.40 crore real estate deal with Pune-based Pharande Spaces.
* Earnnest.me a digital neo-financing platform of Certus Capital has invested Rs. 40 crore in an advanced stage mid-market residential project being developed by Pune-based real estate development firm Pharande Spaces
* The investment with Pharande Spaces is a part of Certus Capital’s strategy to deploy about Rs.500 crore in FY22-23 in senior secured real estate credit deal through Earnnest.me
* Earlier, Earnnest.me has invested Rs.40 crore in a Chennai-based real estate company Arun Excello’s portfolio of four affordable housing projects
* Certus has further strengthened its leadership team by adding seven members and middle and senior levels. These include ex-Piramal Capital executive Gaurav Bhalla as Director and ex-Deloitte India executive Siddharth Pal as Senior Vice President
* Certus Capital is working towards building Earnnest.me as a robust neo-financing platform offering a diversified range of real estate investment options and fixed income opportunities.
* Since its inception in 2018, Certus Capital has evaluated over Rs 40,000 crore of real estate credit exposure forming part of NBFCs and housing finance companies
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