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Gruhas ASPIRE, a start-up accelerator focused on Proptech start-ups in India, has announced its inaugural cohort. Selected start-ups benefit from the accelerator’s support, which includes market expansion and access, business model refinement, branding and marketing, hiring, and 1:1 mentoring.
A partnership between Gruhas Proptech Fund, DLF Family Office, and Anthill Ventures, Gruhas ASPIRE (Accelerating Sustainable Proptech in Real Estate) chooses start-ups from four Proptech streams: Construction Management. Property & Asset Management. New Materials and Technologies. Investments and Financing
Commenting on the need for investments and scaling support in these areas, as well as the exciting potential of the cohort, Abhijeet Pai, co-founder of Gruhas Proptech Fund, said, “There is no doubt about the continued demand for construction in global markets. However, we need to invest in sustainable solutions at the same time. Our quest at Gruhas is to bridge the gap between the infrastructure needs of developing markets and the sustainability goals set out by the Paris agreement. This can only happen through the use of innovative technologies and sustainable materials. We believe India has the brightest minds and markets for leading this change and we at Gruhas ASPIRE firmly back this cohort which represents the diversity and high potential of the country. We are excited to support such inspired founders to realise their vision.”
Start-ups in Gruhas ASPIRE’s first cohort include: Modcave- a shelter-tech start-up that manufactures innovative prefabricated, modular, temporary shelters that can be deployed anywhere.
Realiti.io- an integrated solution that empowers real estate brokers to create and manage their digital presence and collaborate with other brokers through a managed service.
Safearth– India’s fastest-growing, fully integrated platform for solar projects, Safearth encompasses procurement, EPC, as well as financing support for projects of any size.
Settl- A new-age Proptech start-up that is reimagining the co-living experience for urban professionals through data-driven models for property selection and differentiated community engagement.
SustVest- A sustainability Fintech platform that enables retail investors to help finance India’s growing renewable energy demands through fractional ownership of solar projects. https://www.sustvest.com
Tellus Habitat–A start-up that is working to solve India’s water shortage issue through its proprietary decentralized wastewater treatment machine that can be installed in any home. The machine is scalable to a community and municipality-level and reduces water use by 40%.
Zerund- A sustainable construction materials start-up that captures and converts waste plastic into high-grade, lightweight bricks that are 15% cheaper and 45% lighter than the industry standard.
