New Delhi, October 05, 2023 : Gruhas Fund, DLF Family Office, and Anthill Ventures are thrilled to announce the unveiling of the second cohort of Gruhas Aspire – a proptech accelerator program. This Cohort features six remarkable startups poised to reshape the landscape of the construction and real estate industry. This dynamic initiative will empower these startups with strategic investments, expert guidance, and unparalleled market access opportunities, fostering innovation and sustainability throughout the sector.
The selected startups encompass a diverse range of groundbreaking solutions aligned with the focus areas such as- New & Emissions-Free Materials & Technologies in Construction, Smart Property Management for Selling & Leasing, Sustainable Properties with Clean Energy, Water Use, & Waste Management and Investments & Financing in Real Estate. Amongst the selected startups are- Ambiator, Breathe ESG, Earth Fokus, Openhaus, Slice and Zerotouch.
Following the resounding success of the inaugural cohort, the second edition of Gruhas Aspire is committed to further catalyzing the growth of groundbreaking solutions that enhance sustainability, and efficiency in the built environment. The selected startups will benefit from comprehensive support spanning vision, mission & values, business model, product-market fit and growth, pricing and sales, branding and marketing, hiring and performance management, legal and compliance, and overall business mentorship from industry titans. The program is poised to facilitate scale while providing invaluable market access opportunities through strategic collaboration with India’s premier developers and property managers. The program will conclude with a Demo Day where each startup will have the opportunity to pitch to a room full of sector specific investors.
Abhijeet Pai, Co-Founder of Gruhas Fund, expressed his enthusiasm, stating, “Proptech is one of the key pillars to success and longevity of the human race. Gruhas understands that after AgriTech, Proptech as an ecosystem needs more disruption and exposure. With this thought, we look forward to supporting the incoming Cohort of Gruhas Aspire as they navigate the Proptech ecosystem and scale to new heights.”
Rahul Talwar, Director of DLF Family Office, added, “Through the second edition of Gruhas Aspire, we aim to empower startups that address climate change and drive sustainability, making a meaningful impact on the environment and society at large.”
Sailesh Sigatapu, Partner at Anthill Ventures, emphasized the firm’s commitment to propelling the selected startups to new heights, remarking, “With our extensive experience and strategic approach, we will provide these startups with the essential tools, market access, and mentorship needed to accelerate their growth journey. Our goal is to empower them to navigate challenges, seize opportunities, and scale their innovations, ultimately contributing to their success and the transformation of the proptech landscape.”
The inaugural cohort of Gruhas Aspire achieved remarkable success with six startups completing the program, of which four raised funding during the program and two are in the process of closing their rounds. The program facilitated over INR 22 Crore in capital through both the program and external investors, underscoring its effectiveness in nurturing startups in the proptech sector. The second edition is poised to further build on these achievements and significantly contribute to revitalizing and growing the real estate sector through innovation and sustainability.
Corporate Comm India (CCI Newswire)
