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Proptech Challenge to identify budding start-ups
Business

Proptech Challenge to identify budding start-ups

Agency News

New Delhi, May 2: CBRE South Asia Pvt Ltd, a leading real estate consulting firm, has announced the Biggest Proptech Challenge -- DISRUPTECH -- in collaboration with the National Association of Software and Services Companies(NASSCOM).

The NASSCOM-CBRE 'Proptech Challenge' aims to identify budding start-ups working towards innovating and building technology solutions for the real estate sector, a statement said on Thursday.

The collective objective is aimed to support emerging businesses with the potential to transform the Real Estate market with creative, innovative and disruptive thinking. Speaking on the initiative, Srikanth Srinivasan, Head Membership, NASSCOM said, “We are excited to be collaborating with CBRE to nurture the real estate segment in the Indian startup ecosystem. Creating the next-generation of start-ups is the need of the hour and this platform will provide opportunities to not only present emerging technologies and innovations but also entry into our 10K start-up ecosystem."

Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East and Africa, CBRE, said, “We are thrilled to start such an initiative in the real estate market the supports concepts working towards disrupting the commercial real estate space. In a developing economy like India, it is imperative to become tech ready and encourage businesses working towards transformation that will take the industry to a truly global industry which is tech ready." (UNI)