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Earth Fund: A PropTech and Sustainability Fund Backed by Brigade Group and Gruhas

Earth Fund is a Bengaluru-based venture fund focused on PropTech, real estate technology, construction, and sustainability. It invests mainly from Seed to Series A across property management, construction technology, climate tech, clean tech, and urban technology. The fund is part of a ₹300 crore investment platform and its portfolio includes TruBoard Partners, Aurm, and Wiffy.

Overview

Earth Fund is a SEBI-registered Category II Alternative Investment Fund focused on PropTech, real estate technology, and sustainability. The fund was launched by Brigade Group and Gruhas. Its registered office is in Bengaluru, Karnataka. The fund focuses on startups working across real estate, construction, urban technology, and climate-related areas.

The fund's current investment activity includes TruBoard Partners, Aurm, and Wiffy. Its portfolio covers asset monitoring, property services, and technology-enabled solutions for the built environment.

Investment Focus and Stage

Earth Fund focuses on Pre-Series A and Series A startups. Its LinkedIn profile also describes its investment range as Seed to Series A, with the fund often acting as the first institutional investor.

Its investment themes cover enterprise B2B, consumer B2C, and sustainability. The areas include construction technology, property management, asset utilisation, real estate transaction technology, finance and investment platforms, climate technology, clean technology, energy efficiency, and smart mobility.

Fund Size and Portfolio

The current Earth Fund website identifies the fund as a Category II AIF and does not state a $25 million fund size. A 2025 announcement described Earth Fund as a ₹300 crore investment platform.

The current portfolio page lists TruBoard Partners, Aurm, and Wiffy. Earth Fund led a ₹20 crore investment in TruBoard Partners. It also led Wiffy's $3 million round alongside Persol Holdings and Capria Ventures. Aurm is another portfolio company focused on automated safe-deposit lockers for residential and corporate locations.

Leadership

Abhay Garg is Head of Fund at Earth Fund. He has experience across corporate finance, venture capital, and startup operations. Keshav Jain serves as Senior Vice President, while Dheeraj S is Fund Manager. Rahul Joshi serves as an advisor.

The fund's wider leadership and advisory group includes representatives from Brigade Group, Gruhas, HDFC Capital, Athera Venture Partners, MasterKey Holdings, and other organisations. Earth Fund was launched through a partnership between Brigade Group and Gruhas.

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Earth Fund: A PropTech and Sustainability Fund Backed by Brigade Group and Gruhas | MerchantBanker