By Pramugdha Mamgain
Maheshwary had joined Zomato from GE South Asia in May this year, filling the place left vacant by Umesh Hora, who left in late 2015.
The proposed fund will be used to buy land parcels to develop residential projects across India.
Girnarsoft has so far raised $90 million from Google Capital, Sequoia Capital, Hillhouse Capital, Tybourne Capital etc.
The round was co-led by existing investor Accel, that had invested around $1.5 million in the startup in March this year.
Besides Chennai, the joint venture is looking at Mumbai, NCR, Pune, Bengaluru and Ahmedabad, and aims to develop a portfolio of 15 million sq. ft.
HCL Technologies has agreed to bring Barclays’ employees in Lithuania under its fold.
It also set a minimum capital threshold for listing overseas, besides recommending 10 overseas jurisdictions, with strong anti-money laundering policies.
The bank has elevated Salil Pitale and Chirag Negandhi as joint MDs and co-CEOs with immediate effect.
Existing investors Helion Venture Partners and Exfinity Venture Partners also participated in the funding round.
Aqualite will use the funds for marketing, capacity expansion and growth plans, said a statement.