India sotheby to expand in sri lanka
India Sotheby’s International Realtyhas signed an exclusive master franchisee to expand Sotheby’s brand in Sri Lanka. The Sri Lanka business will be led by India Sotheby’s International Realty’s CEO Amit Goyal and President Ashwinchadha.sotheby’s International Realty Affiliates LLC has signed a 25-year exclusive agreement with India Sotheby’s International Realty, to further expand the Sotheby’s International Realty brand in Asia with its first office presence in Sri Lanka expected in April 2018. Recently, India Sotheby’s raised USD 2 million from high net worth individual to expand its operations in Bengaluru, Kolkata and Gurgaon as it expects demand for premium housing to rise. Before that, it had entered into an equity deal with Bennett Coleman and Company Ltd (BCCL) worth USD 7 million.