Brigade Real Estate Accelerator Program (REAP) hands over its 2nd batch of startups to the Real Estate Industry

Brigade Real Estate Accelerator Program (REAP) hands over its 2nd batch of startups to the Real Estate Industry
02/09/2017 , by , in News/Views

Brigade REAP, an accelerator program with its key focus on the Real Estate sector, had its Handover Day of the 2nd cohort on Wednesday at the Sheraton Grand Hotel in Bangalore.

Launched in October 2016 with an intention to leverage technology which can help in delivering greater efficiencies to the Real Estate sector, 340 plus start-ups were evaluated for Cohort 2 and after 2 rounds of intense jury selection, 8 start-ups were inducted into the program. These start-ups went through a rigorous four month mentorship and training program before being handed over to the real estate Industry for consumption of their products and services.

Speaking on this occasion, Ms. Nirupa Shankar, Director, Brigade REAP said “The first cohort of REAP saw success, with 3 of the 4 graduating start ups getting funded. The 4th start up is currently in the process of closing their funding as well. Brigade invested in QwikSpec as a lead investor along with other prominent investors. Snaptrude, which is also part of Cohort 2, is another company Brigade will be investing in, alongside other developers. We feel the Real Estate industry is opening up to Tech adoption as potential for tech to improve operational efficiency is undeniable. Our role at REAP is to ensure that the start ups curated during the program are ready to tackle pressing issues of the industry.

The 8 start-ups that presented at the Handover Day are:

Aap Ka Painter: A house painting Solutions Company that delivers a hassle free experience by simplifying the path from inspiration to transformation of a dream home by leveraging art, science and technology.

CRE Matrix: A data analytics platform that provides  information on accurate and trusted Lease & Sale transactions, Rental & Absorption projections, Asset level reports, micro-market analysis and Asset Valuation for commercial real estate.

DesignSense: A Cloud based collaboration platform that helps Real Estate companies get RERA ready by connecting Project Management, Location and Engineering data with various stake holders and customers, enabling seamless flow of information between them.

Natura: An Urban Plantscaping company that helps create easy to maintain green spaces resulting in breathing environments with reduced energy & Construction costs.

Props {AMC}: A Real Estate Insights & Asset Monitoring Platform with a single, integrated, tech platform backed by robust data & information enables, seamless, transparent and complied transactions to monitor both Real Estate properties and securities.

Snaptrude:  An intelligence enabled 3D Rapid Modelling for Real Estate that solves the design problem by automating digital designing that transforms a hand drawn sketch to a 3D BIM model

Soukwagon.com:  A one stop B2B procurement marketplace for food & beverage businesses that helps HORECA (Hotel, Restaurant, Catering) industry in sourcing & procurement by listing products with negotiated B2B prices on their platform.

ZeeSense:  A Unified, Safety and Security Solution for gated community that solves the problem with an approach to Connect, Automate and Analyze.

At the Handover Day of the 2nd cohort, these 8 start-ups presented their business to the audience which included eminent developers from the Real Estate Industry, Investors, HNI’s, other start-up founders and top management of global corporates. The representatives of the real estate industry participating in the program also spoke about technologies impacting real estate which indicated the improving intervention of technology into the Real Estate sector.

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