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Brigade REAP, Asia's First Real Estate Focused Start-up Accelerator Program, Hands Over its 2nd Cohort of Start-ups to the Real Estate Industry


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Brigade REAP

14 Sep, 2017, 10:00 IST

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BENGALURU, September 14, 2017 /PRNewswire/ --

Brigade REAP, an accelerator program with its key focus on the Real Estate sector, had its Handover Day of 8 start-ups in the 2nd cohort recently.

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.

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, HNIs, 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.

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 the 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 stakeholders 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 and construction costs.

Props {AMC}: A Real Estate Insights & Asset Monitoring platform with a single, integrated, tech platform backed by robust data and 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 and beverage businesses that helps the HORECA (Hotel, Restaurant, Catering) industry in sourcing and procurement by listing products with negotiated B2B prices on their platform.

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

The REAP accelerator is now accepting applications for the 3rd cohort and has received an overwhelming response so far.

Testimonials 

This is what the start-ups have to say about the program:

Aap Ka Painter: Brigade REAP opened us up to multiple business opportunities and channels, which we wouldn't have explored otherwise.
- Anupam Singh, Co-founder

CRE Matrix: Brigade REAP has helped us in developing Business Plan, Investor deck, Customer deck, etc.
- Abhishek Tiwari, Co-founder

Natura: REAP created a great environment for start-ups to do some thorough in-house cleaning and define a clear vision for growth.
- Abishek Thomas, Co-founder

Props {AMC}: The program gave me a 360-degree canvas to lay my strategy in a sequential manner by prioritizing the important events.
- Anand Moorthy, Co-founder

Snaptrude: The program has enabled us to transform a 'good to have' product to a 'must have' solution for the industry.
- Altaf Ganihar, Co-founder

Soukwagon.com: Brigade REAP helped us in rethinking and redefining our value proposition to our customers.
- Jimmy Kuruvila, Co-founder

ZeeSense: The mentor team at REAP repurposed our Value Proposition, sharpened our GTM strategy and made us to focus on key aspects of business development.
- Venkatesh VRV, Co-founder

AirZaar: REAP gave AirZaar a strong environment to learn directly from customers and land a POC with Brigade.
- Ravi Sahoo, Co-founder

QwikSpec: The domain and scale-up expertise of the mentors have been of great value to get our company and product offering ready for the next level of scale.
- Ajith Alexander, Co-founder

PParke: Brigade REAP has helped us exponentially grow our business revenue by 3.5x over the last 12 months. This is certainly a program for serious entrepreneurs interested in learning how to grow successful businesses.
- Shampa Ganguly, Co-founder

About Brigade REAP

Brigade REAP is an accelerator program focused on technology start-ups whose end product/service is applicable to real estate. Be it Residential, Commercial or Hospitality they have their hands on all the streams. Their sectorial focus ranges from IoT, Nano Technology, Cleantech and Renewable Energy to Logistics and Visual Computing. The program is headed by John Kuruvilla, Chief Mentor for the program and Apul Nahata, Mentor-in-Residence. REAP has partnered with CISCO, Intel and Microsoft Accelerator as technology partners to make technology intervention better and also partnered with JLL, a professional investment management firm. For more details, log on to: http://www.brigadereap.com

Media Contact:
Rajeev Nair
[email protected]
+91-9845179424
Brigade REAP

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