| Transaction Advisory Services | Financial advisory, structured credit, private equity, land aggregation, asset monetization. | Strong developer relationships; listed AIF credibility; proprietary data and regulatory first-mover advantage. | B2B focus serving real estate developers and investors in India and GCC. | Advisory fees and structured transaction underwriting. | 44 | 67 | Fee-based advisory revenue from developer and investor clients. | Project-based fees and retainers. | Increasing demand for structured credit and advisory in real estate; funding gaps due to banking regulations. | NiFCO Transaction Advisory |
| Fund and Asset Management | AIF fund management, urban infrastructure credit, special situations finance, income-yielding asset acquisition. | Regulatory licenses enabling cross-border funds; established track record with 20% IRRs; strong governance and market access. | Institutional and high-net-worth investors; focus on structured real-estate credit and infrastructure. | Management fees and carry from high-yield credit funds. | 23 | 33 | Management fees and carried interest from funds. | Assets under management (AUM) fees plus performance carry. | Growing private credit market; regulatory innovation via GIFT City and DIFC platforms; increasing investor appetite. | RECOF, RESO, Nisus High Yield Growth Fund |