Wednesday, July 19, 2023

Brigade REAP Onboarded 5 Startups From 150 Applications For Its 14th Cohort

* Unique Hospitality Startup among the 5 chosen for mentorship ~

Brigade REAP, India’s first PropTech focused real estate accelerator program, onboarded 5 startups from 150 applications for its 14th Cohort. The domains covered include robotics, alternate construction material, retail, plastic waste management and hospitality. For the first time since its inception, Brigade REAP have onboarded a hospitality startup, and together with startups from other sectors such as retail tech, green construction and robotics, this cohort stands as one of the most diverse for Brigade REAP. The startups who were chosen are Vividobots, a company that focuses on exterior painting robots for high-rise buildings, Uni-Am is focused on reducing carbon footprint in cement production to revolutionize green construction, Spatic a location intelligence platform for retail expansion, Paving+ a sustainable solution to plastic waste and Raho and high quality but affordable holiday destinations for young families & professionals by upgrading facilities and standardizing services in clusters of properties. The new cohort represents a diverse range of domains, showcasing the breadth and depth of innovation in the PropTech space.

“We are excited to welcome the new startups to Brigade REAP's 14th Cohort. Their innovative ideas and solutions align perfectly with the evolving needs of the real estate industry. The selected startups bring fresh perspectives and disruptive technologies to the table, and we are excited about the potential they hold to drive positive change in the industry. As the real estate sector continues to grow, we are confident that these startups will play a vital role in shaping its future.” said Angie Mahtaney, Chief Business Mentor at REAP.

Of the 62 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.

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