CBRE-NASSCOM join hands to support tech startups looking to transform real estate
1 May 2019 4:15 AM GMT
The collective objective is aimed to support emerging businesses with the potential to transform the real estate market with creative, innovative and disruptive thinking.
- Property consultant CBRE on May 1 said it has tied up with IT industry body NASSCOM to identify and support startups that seek to transform Indian real estate sector with technological innovations.
- CBRE South Asia Pvt Ltd will conduct a 'Proptech Challenge' in collaboration with the National Association of Software and Services Companies (NASSCOM) that aims to identify budding startups working towards innovating and building technology solutions for the real estate sector.
- Speaking on the initiative, NASSCOM Head Membership Srikanth Srinivasan said it is collaborating with CBRE to nurture the real estate segment in the startup ecosystem.
- CBRE India Chairman & CEO Anshuman Magazine said: "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".