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MPowered raises USD 21 Million from US-based HNIs

New Delhi: Gurugram-based asset management firm MPowered has raised $21 Mn in Pre-Series A funding round led by serial entrepreneurs and real estate giants Ashok Nichani and Shelly Nichani with participation from a group of US-based high networth individuals (HNIs).

MPowered is looking to use this funding to take on new verticals of real estate such as warehousing, residential and commercial spaces. A portion of the funding amount will also be used to develop tech-solutions that will enable ease-of-use in day-to-day real estate transactions and management.

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