Embassy Group, one of India’s largest real estate conglomerates, has joined proptech investor, Pi Labs, as a limited partner (LP) in its current Fund 3.

The investment will support Embassy Group’s commitment to the transformation of the real estate sector through innovative technology, drawing on synergies from Pi Labs proptech ecosystem.

By participating in Pi Labs Fund 3 as an LP, Embassy Group is positioning itself to take the industry forward in technology adoption. Pi Labs is Europe’s most active proptech VC, with over 55 investments in its portfolio. The strategic investment by Embassy Group will form a gateway for Pi Labs and its portfolio companies in Asia, one of the fastest-growing regions for real estate.

Read more at Private Equity Wire