Kailash Babar, ET Bureau | Oct 24, 2016, 11.05 IST
Property consultancy JLL India has launched an independent vertical to make strategic investments in startups that are developing disruptive technology solutions for the real estate sector.
“The purpose of this vertical is to invest in early-stage companies, or startups, which can potentially disrupt the real estate business with brand-new thinking, backed by sound, workable technology,” said Anuj Puri, chairman of JLL India.
The newly-formed real estate technology investment entity recently concluded its maiden investment — in Foyr.com, a technology platform for visualising real estate spaces. Foyr’s patent-pending technology offers developers the ability to market their developments and allows customisation of interiors on the fly.