New Delhi, Sep 4 (PTI) Arbour Investments has picked up a stake in real estate services firm Justo with an infusion of USD 7 million (around Rs 58.78 crore) as equity and debt.

In a statement, Arbour Investments said it has "partnered with a significant stake in Justo...This strategic investment of stake, involving a total of USD 7 million (USD 5 million in equity and USD 2 million in debt)".

Also Read | Shillong Teer Results Today, September 4 2024: Check Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai.

Arbour Investments is a real estate investment firm, while Justo provides sales and marketing services in real estate.

"The stake in Justo will enable Arbour Investments to expand its service offerings by integrating Justo's specialised expertise in the mid-ticket size property segment," it added.

Also Read | Baazar Style Retail IPO Allotment Expected Today: Know How To Check Allotment Status and Other Key Details About the Rekha Jhunjhunwala-Backed IPO.

The company did not disclose how much stake it has acquired in Justo.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)