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Synopsis
PropTech in India has grown exponentially in the last 5 years, initially with online listings and brokerages then with co-working spaces. Real estate players have also started to rely heavily on new technologies like artificial intelligence, IoT, blockchain and virtual reality.
BENGALURU: Realty technology firms or proptech companies are seeing increasing interest from investors due to a growing need of technology amidst the spread of Covid-19 across the country. At least half a dozen technology firms like Renewate, Exprs, LivSafe and PropVR has raised $2mn seed funding from angel investors, private equity and venture funds during the pandemic to grow their businesses. “In a world, where COVID 19 is here to stay for a
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