GRUHAS ASPIRE WELCOMES SIX INCREDIBLE START-UPS TO COHORT II
After the success of Cohort I, Gruhas Aspire gears up for its second edition with 6 innovative entrepreneurs in proptech
India, 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 start-ups poised to reshape the landscape of the construction and real estate industry. This dynamic initiative will empower these start-ups with strategic investments, expert guidance, and unparalleled market access opportunities, fostering innovation and sustainability throughout the sector.
- 6 dynamic start-ups (out of 150+) were selected after a screening process spanning months.
- The start-ups are set to embark on a 6 month journey of growth, innovation, and sustainability embedding them within India’s Proptech ecosystem.
- This comes after the success of Cohort 1 which saw over INR 22CR raised in capital.
The selected start-ups encompass a diverse range of ground-breaking solutions aligned with focus areas including 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 start-ups are:
Following the resounding success of its inaugural cohort, the second edition of Gruhas Aspire is committed to further catalysing the growth of ground-breaking solutions that enhance sustainability, and efficiency in the built environment. The selected start-ups 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 manager and will conclude with a Demo Day where each start-up 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 this second 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 start-ups that address climate change and drive sustainability, making a meaningful impact on the environment and society at large.”
Sailesh Sigatapu, Partner at Anthill Ventures, emphasised the firm’s commitment to propelling the selected start-ups to new heights, remarking, “With our extensive experience and strategic approach, we will provide these start-ups 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 start-ups 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 start-ups in the Proptech sector. The second edition is poised to further build on these achievements and significantly contribute to revitalising and growing the real estate sector through innovation and sustainability.
