Motilal Oswal Real Estate, the real estate arm of Motilal Oswal Private Equity, has achieved final close of the India Realty Excellence Fund III with commitments totalling ₹1,030 crore. The fund has concluded 12 transactions across six cities so far. Nearly 70 per cent of the fund has been committed and it is expected to be fully committed by this fiscal-end. The fund focusses on early-stage mezzanine and structured equity investments with established developers across the top six cities. The assets under management under Motilal Oswal Real Estate are over ₹2,000 crore spread across three funds and NCDs.

Kae Capital invests in CrediFiable

Kae Capital has invested an undisclosed amount in CrediFiable, a digital lending platform focussed on the personal loan segment for salaried professionals. It provides loans ranging from ₹50,000 to ₹5 lakh, through a data-driven proprietary underwriting model.

Synup gets ₹40 cr in Series A

Bengaluru-based Synup, which provides SaaS-based solutions that helps local businesses in the US manage their online presence, has raised about ₹40 crore ($6 million) in a Series A round. The round was led by Vertex Ventures with existing investor Prime Venture Partners also participating. It will use the money to expand in the US, Canada, UK and Europe.

Flipkart buys F1 Info Solutions

Flipkart has bought F1 Info Solutions, a mobile and IT repair services company. F1 will now be a part of Jeeves, a third-party service provider which Flipkart acquired a couple of years back. Our Bureau

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