ADM invests ~185 crore in Square Yards

Hong Kong-based investor ADM Capital has invested $25 million (~185 crore ) in Square Yards, a release from the firm said. Square Yards plans to raise $100 million and fund raising from ADM Capital is first tranche in its fund raising plans. Square Yards will use the funds to expand and invest in various verticals across the value chain. ADM is a global investment manager with $2.4 bn assets under management across Asia Pacific and Europe.