Proptech startup zapkey raised $2 mn in its seed round
- ByStartupStory | March 3, 2022
Proptech startup Zapkey is the country’s first home sale guarantee platform with a model that provides its customers with guaranteed home sales within 3 months of the listing date, or they buy the property themselves. Founded in 2020 by Shubhankar Dongre, Sandeep Reddy and Raja Seetharaman, Zapkey The Mumbai-based firm started by providing easy online access to publicly available, authentic home registration data; thereby empowering its customers to make smart and informed decisions.
Zapkey’s data platform and proptech tool Matterport, creates a 3D digital twin of the apartment for buyers. It also provides measurement features, a detailed home inspection report with all the quality checks and scope of improvements mentioned in simple understandable terms Zapkey has raised $2 million seed funding led by Abhijit Pai and Nikhil Kamath-backed Gruhas Proptech . They saw participation from the DLF Family Office, Blume Founders Fund, the Alkem Labs Family, Aprameya Radhakrishna (Co-founder, Koo), Srini Sriniwasan (MD, Kotak Investment Advisors) and other individual investors.
“We have seen this model play out in the cars space with Cars24, Spinny and others. Globally, giant funded start-ups like Open Door and Loft have demonstrated this in resale homes. The problem and the solution are clear, present, and inevitable,” said Shubhankar Dongre, co-founder of Zapkey.
Zapkey’s data platform and proptech tool Matterport, creates a 3D digital twin of the apartment for buyers. It also provides measurement features, a detailed home inspection report with all the quality checks and scope of improvements mentioned in simple understandable terms.
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