Proptech accelerator Gruhas announces its first cohort of seven startups

• ByStartupStory     |    August 26, 2022

Gruhas ASPIRE, a start-up accelerator in India focusing on high-potential Proptech start-ups, has announced its first batch. The accelerator helps selected start-ups with market expansion and access, business model refinement, branding and marketing, hiring, and 1:1 mentorship. Gruhas ASPIRE (Accelerating Sustainable Proptech in Real Estate), a collaboration between Gruhas Proptech Fund, DLF Family Office, and Anthill Ventures, selects start-ups from four prop-tech streams: Construction Management, Property & Asset Management, New Materials and Technologies, and Investments and Financing.

Abhijeet Pai, the co-founder of Gruhas Proptech Fund, said, “There is no doubt about the continuous demand for building in global markets. At the same time, we must invest in long-term solutions. Our goal at Gruhas is to bridge the gap between developing markets’ infrastructure demands and the Paris agreement’s environmental aspirations. This is only possible with the use of cutting-edge technologies and environmentally friendly materials. We believe India has the brightest minds and markets to lead this transition, and we at Gruhas ASPIRE strongly support this cohort, which reflects the country’s diversity and tremendous potential. We are thrilled to be able to assist such visionary founders in realizing their goals.”

Gruhas ASPIRE’s first cohort includes:

Modcave – A shelter-tech start-up that makes unique prefabricated, modular, temporary shelters that can be installed anywhere. The Modcave design compresses the shelter four times, resulting in a 90% decrease in transportation and storage expenses.

Realiti.io– It is a managed service that enables real estate brokers to develop and manage their internet presence as well as collaborate with other brokers. The service ensures that demand and supply are met, as well as a 40% reduction in lead time from lead to a sale.

Safearth– The fastest-growing, India’s fully integrated solar project platform, Safearth includes procurement, EPC, and financing help for projects of any size. The startup has already captured 6.67% of the C&I Rooftop Solar market and 5% of India’s entire distributed solar industry.

Settl– A new-age real estate technology start-up that is rethinking the co-living experience for urban professionals by leveraging data-driven models for property selection and differentiated community participation.

SustVest– A sustainability fintech platform that allows retail investors to help finance India’s growing renewable energy needs by owning a portion of solar projects.

Tellus Habitat– A start-up that is attempting to solve India’s water scarcity problem by developing a proprietary decentralised wastewater treatment unit that can be installed in every home. The equipment is scalable to the neighbourhood and municipal levels, reducing water consumption by 40%.

Zerund– A start-up that gathers and converts waste plastic into high-quality, lightweight bricks that are 15% cheaper and 45% lighter than the industry standard.

Sailesh Sigatapu, Partner at Anthill Ventures, stated, “Our objective is to offer companies a speed scaling ecosystem that helps expedite their growth while establishing a viable business model. We accomplish this by building a strong product-market fit from the start and refining their business model before assisting them in developing a measurable plan for long-term growth. We provide a venue for founders to bring their vision to life while ensuring that their idea is commercially feasible and financially healthy by delivering a combination of concentrated mentoring, information sessions, and money. We are devoted to assisting each cohort to exceed its potential.”

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