Brigade REAP Invests in Settlin
25 Nov 2024
3 Min Read
CW Team
Brigade REAP, a prominent real estate accelerator, has invested in Settlin, India's first gig-based real estate resale platform. Settlin offers a unique model that connects sellers, buyers, and agents, empowering them through a gig economy approach to streamline resale transactions in the real estate market. Settlin鈥檚 Innovative Approach:
Gig Economy Model:
Settlin鈥檚 platform utilizes a gig economy structure to connect freelance agents with property sellers and buyers. This model allows agents to work flexibly while earning commissions based on their transactions.
Efficiency in Property Resale:
The platform aims to simplify the real estate resale process, offering faster transactions and reducing the time typically associated with buying and selling properties.
Technology-Driven:
Settlin uses technology to enhance property valuations, create virtual tours, and provide accurate market insights, benefiting all parties involved in the transaction.
Agent Network Expansion:
By offering a gig-based model, Settlin seeks to tap into a wider pool of freelance agents, bringing flexibility and scalability to the real estate sector.
Brigade REAP's Role and Vision:
Strategic Investment:
Brigade REAP, known for investing in real estate tech startups, aims to foster innovation in the property market. Settlin鈥檚 platform aligns with Brigade鈥檚 vision of bringing technology-driven solutions to the real estate ecosystem.
Support for Scale-up:
Brigade REAP will help Settlin scale its operations, providing mentorship, market access, and funding to expand its gig-based platform across India.
Transforming Real Estate Resale:
This investment represents a key step in transforming the resale market into a more efficient, flexible, and tech-enabled sector.
Impact on the Real Estate Sector:
Boosting Agent Participation:
With a gig-based model, freelancers have an opportunity to enter the real estate market, increasing competition and improving service quality.
Changing Market Dynamics:
Settlin鈥檚 model is expected to disrupt traditional real estate models, particularly in the resale space, by making transactions more efficient and cost-effective.
Supporting 亚博体育官网首页buyers and Sellers:
By simplifying the resale process, Settlin will reduce transactional delays and help homebuyers and sellers complete deals faster.
Future Prospects:
Expansion Plans:
Settlin plans to expand its platform across multiple cities in India, offering its gig-based services to a wider audience.
Tech Enhancements:
Settlin aims to continue innovating by integrating AI and data analytics for more personalized real estate services.
Conclusion:
The investment by Brigade REAP into Settlin represents a significant move toward modernizing the real estate resale market in India. By embracing a gig-based model, Settlin is poised to offer faster, more flexible solutions to property buyers, sellers, and agents. This partnership signifies a major leap in the evolution of the Indian real estate sector, driven by technology and innovative business models.
Brigade REAP, a prominent real estate accelerator, has invested in Settlin, India's first gig-based real estate resale platform. Settlin offers a unique model that connects sellers, buyers, and agents, empowering them through a gig economy approach to streamline resale transactions in the real estate market. Settlin鈥檚 Innovative Approach:
Gig Economy Model:
Settlin鈥檚 platform utilizes a gig economy structure to connect freelance agents with property sellers and buyers. This model allows agents to work flexibly while earning commissions based on their transactions.
Efficiency in Property Resale:
The platform aims to simplify the real estate resale process, offering faster transactions and reducing the time typically associated with buying and selling properties.
Technology-Driven:
Settlin uses technology to enhance property valuations, create virtual tours, and provide accurate market insights, benefiting all parties involved in the transaction.
Agent Network Expansion:
By offering a gig-based model, Settlin seeks to tap into a wider pool of freelance agents, bringing flexibility and scalability to the real estate sector.
Brigade REAP's Role and Vision:
Strategic Investment:
Brigade REAP, known for investing in real estate tech startups, aims to foster innovation in the property market. Settlin鈥檚 platform aligns with Brigade鈥檚 vision of bringing technology-driven solutions to the real estate ecosystem.
Support for Scale-up:
Brigade REAP will help Settlin scale its operations, providing mentorship, market access, and funding to expand its gig-based platform across India.
Transforming Real Estate Resale:
This investment represents a key step in transforming the resale market into a more efficient, flexible, and tech-enabled sector.
Impact on the Real Estate Sector:
Boosting Agent Participation:
With a gig-based model, freelancers have an opportunity to enter the real estate market, increasing competition and improving service quality.
Changing Market Dynamics:
Settlin鈥檚 model is expected to disrupt traditional real estate models, particularly in the resale space, by making transactions more efficient and cost-effective.
Supporting 亚博体育官网首页buyers and Sellers:
By simplifying the resale process, Settlin will reduce transactional delays and help homebuyers and sellers complete deals faster.
Future Prospects:
Expansion Plans:
Settlin plans to expand its platform across multiple cities in India, offering its gig-based services to a wider audience.
Tech Enhancements:
Settlin aims to continue innovating by integrating AI and data analytics for more personalized real estate services.
Conclusion:
The investment by Brigade REAP into Settlin represents a significant move toward modernizing the real estate resale market in India. By embracing a gig-based model, Settlin is poised to offer faster, more flexible solutions to property buyers, sellers, and agents. This partnership signifies a major leap in the evolution of the Indian real estate sector, driven by technology and innovative business models.
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
