Mumbai-based Rajani Associates have advised real-estate company Akruti City in raising approximately INR 300-450 crores (-96 million) through Qualified Institutional Placements (QIPs). The team was led by Partner Sangeeta Lakhi [pictured], assisted by Nagashree Bhat. Rajani Associates’ due diligence team for this transaction was led by the Head of Property, Nivedita Parwani.