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Cash-rich PE firms, NBFCs seek deals from realtors on social media

Deals for stalled projects, last-mile financing being sought

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SBICAP Venture's SWAMIH (Special Window for Affordable and Mid-Income Housing) Fund is also active on professional networking sites.

Raghavendra Kamath Mumbai

3 min read Last Updated : Jun 01 2020 | 9:35 PM IST

Last week, Amar Merani, chief executive and managing director (MD) of Xander Finance - the lending arm of Singapore-based private equity (PE) firm Xander - asked for last-mile or finished commercial and residential inventory deals for long-term structured credit on his LinkedIn profile.

Merani said manufacturing and service companies outside real estate - but having a robust business model, distinct cash flows, and model leverage - can also reach them.

With physical business development (BD) being low, certain cash-rich PE funds and non-banking firms are seeking deals for last-mile funding or stalled proejcts on social media platforms to build their

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