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About Prashant Kapoor

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Latest Prashant Kapoor News

IIFL launches next phase of green affordable housing

Aug 20, 2020

IIFL Home Finance on Thursday announced the launch of the sixth edition of 'Kutumb' initiative that focuses on promoting "green affordable housing".Affordable green housing makes perfect business sense as well," said Monu Ratra, CEO, IIFL Home Finance, during a series of webinars and podcasts. Drawing a parallel between other developing nations like Jakarta, Mongolia, the Philippines and Columbia, Prashant Kapoor, Chief Industry Specialist, Green Building and Cities, IFC, said India needs a way to democratize green buildings. PTI | New Delhi | Updated: 20-08-2020 22:21 IST | Created: 20-08-2020 22:02 IST Representative image Image Credit: ANI IIFL Home Finance on Thursday announced the launch of the sixth edition of 'Kutumb' initiative that focuses on promoting "green affordable housing". Green Affordable Housing has Asian Development Bank , German Agency for International Cooperation, Climate Bond Initiative, International Finance Corporation , Green Building Council of India and UK sovereign fund CDC as its partners. Considering government's focus on affordable housing, IIFL Home Finance through Kutumb aims to extend the mission of 'Housing for All' to 'Green Housing for All', IIFL Home Finance said in a release. In the past, the housing financier has successfully completed five chapters of Kutumb across Ahmedabad , Indore , Pune , Bengaluru and Hyderabad , it said. "The COVID-19 pandemic has changed the mindset of builders and homeowners as sustainable healthy living takes centre-stage. In this backdrop, our efforts to build a sustainable and affordable housing initiative is reinforced and we look forward to take the idea to more people. Affordable green housing makes perfect business sense as well," said Monu Ratra , CEO, IIFL Home Finance, during a series of webinars and podcasts. Drawing a parallel between other developing nations like Jakarta , Mongolia , the Philippines and Columbia, Prashant Kapoor , Chief Industry Specialist, Green Building and Cities, IFC, said India needs a way to democratize green buildings. It will take a metrics-driven, scale-able standard to transform the market, he said. "If we devote 60 per cent terrace area of a four-storey building to install solar panels, it can meet the energy demand of all its residents. The height of the building has a direct correlation with its carbon emissions and is inversely proportionate to affordability," renowned architect Ashok B Lall said. Share

Prashant Kapoor Investments

1 Investments

Prashant Kapoor has made 1 investments. Their latest investment was in Zesty Kitchen as part of their Angel on September 9, 2019.

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Prashant Kapoor Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/25/2019

Angel

Zesty Kitchen

$0.42M

Yes

Kuldeep Jain, Paul Abraham, Ravi Shah, Rehan Khan, Rishad Abraham, Rohit Kale, Sameer Taneja, Sanjaya Sathapathy, Sanjiv Rangrass, Suhail Sameer, and Undisclosed Angel Investors

1

Date

9/25/2019

Round

Angel

Company

Zesty Kitchen

Amount

$0.42M

New?

Yes

Co-Investors

Kuldeep Jain, Paul Abraham, Ravi Shah, Rehan Khan, Rishad Abraham, Rohit Kale, Sameer Taneja, Sanjaya Sathapathy, Sanjiv Rangrass, Suhail Sameer, and Undisclosed Angel Investors

Sources

1

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