The development comes a day after Altico announcing an investment of Rs 1,250 crore ($195.7 million) across five realty deals in Hyderabad and Pune.
The fund will back affordable and mid-income residential projects.
Sarvesh Goel, Abhijeet Birewar, Amit Dhanki, and other angels took part in the IPG funding round.
As of September 30, 2017, Carlyle has invested more than $1.5 billion in more than 30 transactions in India.
Altico Capital, the NBFC of Asia-focused investor Clearwater Capital Partners Llc, has deployed more than Rs 8,500 crore across 100 projects in India.
YourQuote’s seed round also participation from Atul Goel of the Essel City Group and Axilor.
NOW provides on-demand two-wheeler rides and delivery of food, medicines and other goods. It claims to conduct over 2,500 deliveries a day.
Dinghuobao provides mobile and digital solutions for purchasers and suppliers.
Coverfox counts Accel Partners, SAIF Partners, TransAmerica Venture Fund, VC arm of insurer Aegon and Catamaran Ventures among its shareholders.
The company will use the funds raised through non-convertible debentures for expanding its energy efficiency and renewable energy portfolio, SVCL chief executive Rakesh Dubey said.