India’s biggest PropTech challenge, by CBRE and NASSCOM next week
Top 10 exceptional startup finalists to showcase their disruptive innovations
Augmented/Virtual Reality domain remains the most sought-after innovation platform
National – October 26, 2023 – CBRE South Asia Pvt. Ltd., the leading real estate consulting firm in India, is set to unveil the winners of DISRUPTECH 2.0, India’s biggest PropTech challenge at the grand finale event in Delhi on October 31st, 2023. With participation from nearly 400 startups eyeing entry to the top league, this hackathon challenge has emerged as a beacon of disruptive PropTech and innovation in the real estate industry, symbolizing the indomitable revolution of startups and entrepreneurs across the nation.
The top 10 stellar finalists will be evaluated by a distinguished panel of jury members which comprise of renowned industry veterans and experts from across domains. The top 3 winners will be felicitated by Hon’ble Chief Guest Shri Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Government of India, in the presence of Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East, and Africa, CBRE.
The winners of DISRUPTECH 2.0 will receive a comprehensive array of rewards and recognition, including access to real estate angel funding, participation in the CBRE Global Start-up program, opportunities for proof of concept (POC) collaborations with CBRE clients, access to the NASSCOM start-up ecosystem, mentorship with experienced investors, and valuable marketing support from CBRE Advisory.
The 6-month-long journey of DISRUPTECH 2.0 is a testament to the commitment to fostering innovation and collaboration in the entrepreneurial ecosystem. The outstanding response with participation from nearly 400 PropTech start-ups from over 45 cities in India, including Tier 1, Tier 2 and Tier 3, cities underscore the enthusiasm of start-ups to redefine norms and bring transformative solutions to the forefront. The entries for the challenge are divided into categories focused on ESG, Fintech, Construction Technology and Indigenous Tech for the local market.
The platform designed to identify, mentor, and develop the best technology solutions will enable the Indian real estate industry to take a quantum leap over the coming years.
Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East, and Africa, CBRE, said, “Our partnership with Nasscom for the second edition of DISRUPTECH 2.0, India’s largest PropTech challenge, is aimed at enabling start-ups to revolutionize the industry with their innovative solutions. The platform will enable these pioneering innovators and act as a catalyst in empowering them through their transformative journey, offering essential support, resources, and mentorship. This collaborative and innovative journey has the potential to bring about a revolution in the real estate industry, and we’re excited to witness the growth potential of these visionaries.”
The last edition of DISRUPTECH 2019 saw three winners who have scaled to new heights. The 2019 winners were, PropVR, QuickSpec and WEGoT. All three companies are now clocking exponential growth and have witnessed considerable acceleration in business expansion and innovating solutions for their clients.
ABOUT NASSCOM startups:
Nasscom startups is an initiative to support technology entrepreneurship in the country. It is India’s most ambitious startup initiative which has successfully impacted more than 10,000 Tech startups. The initiative offers a range of programs and resources to help start-ups succeed, including incubation, acceleration, funding, and networking.
nasscom is the premier trade body and chamber of commerce of the Tech industry in India and comprises over 3000-member companies. Our membership spans across the entire spectrum of the industry from startups to multinationals and from products to services, Global Capability Centers to Engineering firms. Guided by India’s vision to become a leading digital economy globally, nasscom focuses on accelerating the pace of transformation of the industry to emerge as the preferred enabler for global digital transformation. Our strategic imperatives are to reskill and upskill India’s IT workforce to ensure that talent is future-ready in terms of new-age skills, strengthen the innovation quotient across industry verticals, create new market opportunities – both international and domestic, drive policy advocacy to advance innovation and ease of doing business, and build the industry narrative with focus on Talent, Trust, and Innovation. And, in everything we do, we will continue to champion the need for diversity and equal opportunity.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
CBRE was the first International Property Consultancy to set up an office in India in 1994. Since then, the operations have grown to include more than 11,000 professionals across 15 offices with a presence in over 80 cities in India. As a leading international property consultancy, CBRE provides clients with a wide range of real estate solutions, including Strategic Consulting, Valuations/Appraisals, Capital Markets, Agency Services, and Project Management. The guiding principle at CBRE is to provide strategic solutions that make real estate holdings more productive and economically efficient for its clients across all service lines. Please visit our website at https://www.cbre.co.in/
