Wealthtech Platform "BHIVE.fund" Raises Strategic Investment from Nikhil Kamath"s Gruhas, Blume

Bengaluru | Monday | 9th May, 2022

Summary:

Bengaluru, Karnataka, India (NewsVoir) Alternative Investments Wealthtech Platform ‘BHIVE.fund’ has raised strategic investments from GruhasProptech, Blume Ventures, and other marquee investors.

Gruhas was Co-founded by Nikhil Kamath of Zerodha and Abhijeet Pai of Puzzolana and is India’s largest proptech-focussed entity.

Blume Ventures, a leading VC firm in the country today, counts multiple unicorns in its portfolio.

“Nikhil and Abhijeet are big believers that huge disruptions are possible in the commercial real estate space using technology.

While not all investors may understand this space well, Abhijeet comes with a wealth of experience and expertise in the commercial real estate sector, having been involved in many large deals.

Nikhil, as we all know, is one of the biggest names in the wealth tech space.

We are super excited to have them on board as strategic investors as we are looking to make this into something much much bigger,” says Shesh Rao Paplikar, Co-founder & CEO, BHIVE.fund.

‘BHIVE.fund’ was set up in 2021 by SheshPaplikar, Sandeep Gupta CFA and Monnappa Bayavanda.