Earth Fund: Brigade & Gruhas Invest Rs 300 Crore in Sustainable Tech.

The Earth Fund, India’s first investment fund dedicated to real estate technology and sustainability, has been launched by Brigade Group’s Zoiros Projects in collaboration with Gruhas, the investment arm of Nikhil Kamath and Abhijeet Pai.

This Rs 200 crore SEBI-registered Category II Alternative Investment Fund (AIF), with an additional Rs 100 crore green-shoe option, is designed to support high-growth startups addressing challenges in the built environment through innovation and sustainability. By combining Brigade’s real estate expertise with Gruhas’ investment acumen, the fund seeks to accelerate PropTech and sustainability-driven ventures.

The Earth Fund will invest in Pre-Series A and Series A startups within real estate, construction, and sustainability, deploying USD 1-2 million per company. It targets startups with strong product-market fit and high scalability potential.

With plans to build a portfolio of 10-15 companies, the fund will also reserve capital for follow-on investments. Key focus areas include UrbanTech—encompassing PropTech, construction technology, real estate solutions, and asset utilization—and sustainability sectors such as climate tech, clean tech, smart mobility, and energy solutions. Several startups are under evaluation, with investment announcements expected soon.

News by Rahul Yelligetti.