QVC to invest $200 mn in new, existing realty projects

India’s first venture capital-funded real estate company, QVC Realty Pvt. Ltd, plans to invest $150-200 million (Rs594-792 crore) in 2008 in new and existing projects. The Bangalore-based company, which had raised $100 million of venture capital funding in April this year from IL&FS Investment Managers Ltd (IIML), has already committed $80 million to date.

Mint
http://www.livemint.com/2007/12/23235118/
QVC-to-invest-200-mn-in-new.html