Hiranandani Group to launch Tez Platforms with Rs 1k cr investment
Real Estate

Hiranandani Group to launch Tez Platforms with Rs 1k cr investment

The real estate major based in Mumbai, Hiranandani Group announced the foray into their technology-led consumer services via the new venture ‘Tez Platforms’, it is all set to be launched this year, having an initial outlay of around Rs 1,000 crore.

Over the period of the next two or three years, the group plans to make an additional investment of approximately Rs 3,500 crore in the venture.

The company to have their focus on large-scale opportunities in entertainment, social media, e-commerce, gaming and esports, personal mobility, blockchain-linked solutions, and artificial intelligence.

Hiranandani Group's chief executive officer said that the group has a road map for the launch of two highly sought-after services in 2022. It will be followed by three more in the next year. Tez Platforms to leverage talent and synergies from several Hiranandani Group entities while having aggressive plans for hiring more than 250 employees in Financial Year 2023.

Yotta Infrastructure shall continue to be their vehicle for investing in areas of interconnectivity, cloud computing, enterprise applications, and enterprise cyber security technologies, enhanced by their hyper scale as well as edge data center roll-outs.

Image Source

Also read: Hiranandani, Blackstone Group JV to invest Rs 3k cr

The real estate major based in Mumbai, Hiranandani Group announced the foray into their technology-led consumer services via the new venture ‘Tez Platforms’, it is all set to be launched this year, having an initial outlay of around Rs 1,000 crore. Over the period of the next two or three years, the group plans to make an additional investment of approximately Rs 3,500 crore in the venture. The company to have their focus on large-scale opportunities in entertainment, social media, e-commerce, gaming and esports, personal mobility, blockchain-linked solutions, and artificial intelligence. Hiranandani Group's chief executive officer said that the group has a road map for the launch of two highly sought-after services in 2022. It will be followed by three more in the next year. Tez Platforms to leverage talent and synergies from several Hiranandani Group entities while having aggressive plans for hiring more than 250 employees in Financial Year 2023. Yotta Infrastructure shall continue to be their vehicle for investing in areas of interconnectivity, cloud computing, enterprise applications, and enterprise cyber security technologies, enhanced by their hyper scale as well as edge data center roll-outs. Image Source Also read: Hiranandani, Blackstone Group JV to invest Rs 3k cr

Next Story
Resources

REHAU acquires 1.05-acre land in Sri City

REHAU, the global polymer solutions provider, has acquired 1.05 acres of industrial land in Sri City, Andhra Pradesh, marking a key milestone in its expansion strategy in India. The land, secured on a 99-year lease, is located adjacent to the RED Star Polymers facility and will support scaling up the company’s manufacturing operations.This acquisition closely follows REHAU’s majority stake purchase (51 per cent) in RED Star Polymers Pvt Ltd, a PVC edgeband manufacturer, reinforcing its long-term commitment to the Indian market. The site offers strategic advantages in proximity, infrastruct..

Next Story
Resources

BSH unveils Bosch and Siemens brand store in Kolkata

BSH Home Appliances, a subsidiary of BSH Hausgeräte GmbH and global leader in premium home appliances, has launched its first exclusive Bosch and Siemens brand store in Kolkata. Located in the upscale Dhakuria neighbourhood, the store signifies BSH’s strategic push in East India, a region where it has recorded a 26 per cent CAGR between 2019 and 2025.Spanning 1,450 sq ft for Bosch and 850 sq ft for Siemens, the new showroom is operated in partnership with Multi-Channel Electronics. It offers customers a hands-on experience of BSH’s latest innovations, including AI-enabled ovens, high-capa..

Next Story
Products

Trusted Termite Solutions

Envu’s Premise, formulated with Imidacloprid 30.5% SC, is India’s only termiticide validated by CBRI and GreenPro. This non-repellent soil treatment eliminates entire termite colonies effectively. Trusted by architects, builders, and pest control professionals, Premise ensures long-lasting protection with a proven safety and performance profile.Contact: Envu IndiaWebsite: www.envu.com..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?