Flipspaces, a tech-led commercial interiors platform, has secured an additional INR 50 cr from the Asiana Fund, extending its recent USD 35 mn funding round. This fresh capital will support its expansion across India, the US, and UAE, while enhancing its proprietary technology and enabling sector-aligned acquisitions. The round also marks a strategic partnership, with Asiana Fund backed by Jalaj Dani of Asian Paints bringing operational and consumer-brand expertise to Flipspaces' next growth phase. With INR 190 cr revenue in FY24 and narrowing losses, the company is well-positioned for scale and stronger market presence.Read more

Proptech startup Reloy, backed by HDFC Capital, reported a revenue jump to INR28.5 crore in FY 2023-24, up from INR17.8 crore the previous year. The growth was driven by strong housing demand and a 50% boost in its referral sales business. Founded in 2015, Reloy offers a B2B2C platform helping builders manage customer and broker relationships, while also providing services like home interiors, financing, and post-purchase support. The company works with top developers across India and has raised INR13 crore so far. With tech adoption rising, India's proptech sector is booming-valued at $10.5 billion and projected to hit $600 billion by 2047.Read more

India's robust digital infrastructure and rapid AI advancements have positioned it ahead of most nations, according to Databricks CEO and Co-founder Ali Ghodsi. Speaking during the Databricks Data + AI Summit 2025, he noted that India's tech evolution over the past decade has made innovation far more feasible than in many developed countries. Ghodsi expressed strong optimism about the Indian and broader Asian markets, revealing Databricks' expanded hiring and investment strategy in India, South Korea, and Japan. The company is increasingly focusing on India's thriving tech talent and supportive innovation climate.Read more

RentenPe, India's pioneering Rent Credit Score™ platform, has partnered with Mygate, the country's leading community management app, to transform rent transactions. RentenPe's payment infrastructure and Rent Credit Score (R Score™) are now integrated into the Mygate app, enabling seamless rent payments via credit cards, UPI, and net banking-offering rewards, cashback, and building tenants' credit profiles. The R Score™ helps renters access loans, zero-deposit rentals, and better homeownership prospects, while landlords gain transparency through the R Card™, a verified digital rental passport. The partnership targets India's fragmented rental market, aiming to formalise rent payments and improve credit access for millions of tenants. Serving over 25,000 societies and 4 million households, Mygate offers RentenPe a nationwide platform to scale. This collaboration sets a new benchmark for tech-driven, inclusive rental services, enhancing trust, transparency, and financial empowerment across India's housing ecosystem.Read more

Alt DRX, a Bengaluru-based startup specializing in tokenized digital real estate, has successfully closed a Pre-Series A funding round, raising approximately INR 23 crore (USD 2.7 million). The investment was led by Qatar Development Bank, Times of India Brand Capital, Hindustan Media Ventures, Zee Group, WeFounder Circle Angel Fund, and nX Capital, with notable angel investors including Harsha Bhogle, Parthasarathy, and Richard Rekhy. The funds will be utilized to acquire residential assets, enhance technology infrastructure, and cover marketing and regulatory expenses.Read more

Grahm, a first-of-its-kind real estate advisory platform, was officially launched in Bengaluru earlier this week. Backed by Credvest, a real estate management firm overseeing transactions worth INR 8,000 crore, Grahm promises a consumer-first, zero-cost model designed to transform the home-buying journey. It offers personalised advisory, legal, and financial support and post-purchase assistance under one roof. Already partnered with 100+ developers and 350+ projects in Bengaluru, Grahm plans to expand into seven major cities and aims to capture 10% of the residential real estate market, translating to over INR 50,000 crore in transactions within the next three years.Read more

Propstack, a leading real estate intelligence platform in India, has partnered with Estater, a Middle East-based analytics firm, to improve data-driven decision-making in real estate across both regions. The collaboration will integrate AI-driven market insights, advanced analytics, and property valuation models to enhance transparency and efficiency in commercial and residential real estate. This initiative aims to benefit developers, investors, and policymakers by offering predictive analytics, benchmarking tools, and automated valuation models. The partnership highlights AI's growing role in real estate intelligence, fostering cross-border investments and optimizing infrastructure planning.Read more

HouseEazy, a platform for resale homes, has expanded into the Gurugram market, hosting a launch event that attracted over 500 channel partners. The company introduced the 'HouseEazy Yearly Jackpot,' offering potential annual incentives of up to INR 3.5 crore per partner. Having completed transactions exceeding INR 1,500 crore and serving over 1,600 families, HouseEazy plans to achieve a transaction value of INR 3,000 crore in Gurugram over the next 12 to 15 months. The company is also preparing to expand into Tier 1 cities like Pune, Mumbai, and Bangalore, reinforcing its position as a market leader in the resale home segment.Read more

SoftTech Engineers Limited, a pioneer in the Architecture, Engineering, Construction, and Operations (AECO) sector, in collaboration with AmpliNxt, has launched the AI-Powered AECO Innovation Challenge. This initiative aims to identify and support start-ups developing AI-driven solutions for the industry. The challenge provides participants with opportunities to collaborate with SoftTech, pitch to industry experts, and receive incubation support. Start-ups focusing on AI-enabled metaverse, digital twins, generative AI, and BIM solutions are encouraged to participate. The initiative seeks to foster technological advancements, enhance operational efficiency, and revolutionise AECO industry practices.Read more