
Bengaluru : Brigade REAP, India’s leading PropTech accelerator, has selected 6 promising urban tech startups from a competitive pool of 270 applicants for its 16th cohort. These startups were chosen based on their innovative use of technology to address challenges within the real estate sector. Their solutions leverage cutting-edge technologies like artificial intelligence, machine learning, and computer vision to provide tangible benefits to the industry. Brigade REAP startups will have the opportunity to scale their businesses, gain valuable mentorship, and make a significant impact on the future of real estate.
“We chose these startups based on their potential to significantly transform the real estate landscape. By providing these startups with strategic mentorship, industry connections, and access to essential resources, we are confident in their ability to achieve substantial growth and make a lasting contribution to the UrbanTech ecosystem. At Brigade REAP we remain dedicated to nurturing a thriving community of innovators and driving positive change in UrbanTech.” Said Abhay Garg, Chief Mentor, Brigade REAP.
The startups who were chosen included SiteView, who offer a 3D digital rendering of the project thus negating multiple site visits; Cobotiks, an AI The AI powered design tool can take text commands, generate layouts, and convert 2D plans to 3D in a few minutes; Megaliter, an STP as a service model with primary aim of reviving and operating defunct STPs on a recurring fee model; SiteBook, an easy to use application for contractors and interior decorators to Estimate Cost, Generate BOQ, track financials and manage the project and RealBetter, a B2B tech-platform for property buying and selling with 100% verified agents and 100% genuine listings and Scoopsense, a mall management ERP solution, that helps in digitization of the entire mall lifecycle.
Of the 75 plus startups that Brigade REAP has mentored since inception, 40% have been successful in raising funds from external sources, all of them having received orders from the real estate business ecosystem.