[Funding alert] Asset Management Platform Black Opal Group Raises $3 Mn Growth Funding

The asset management firm Black Opal Group has raised $3 million, or around INR 25 crore, in expansion funding from some investors, including SBI and HDFC Banks.

With the additional funding, the business intends to grow the staff and services offered by JustHomz, a B2B2C marketplace established the previous year, as reported by Inc42.

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Black Opal is a strategic solution-oriented venture focused on the real estate sector.

The platform prioritizes consumer privacy and offers an intuitive map interface to enhance the property buying experience.

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JustHomz facilitate lending activities through its partner lender Black Opal Financial Services Pvt. Ltd. (RBI registered NBFC) without direct involvement in money lending.

About Black Opal Group

Ishan Agarwal and Prasoon Chauhan founded Black Opal Group in 2020 as a platform devoted to the real estate industry. It functions via JustHomz.com, an RBI-registered NBFC, its asset management arm.

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