Brigade REAP Invests in Settlin

25 Nov 2024 CW Team

Brigade REAP, India’s first proptech accelerator, has announced an investment in Settlin, India’s first gig-based residential resale broker. This investment is part of a larger $500,000 funding round, which includes contributions from other investors.

Settlin, a rapidly growing startup in Bengaluru, has gained significant traction with its data-driven approach and gig-enabled workforce, enabling it to execute resale transactions at unmatched scale and speed. The company has already sold nearly 1000 homes with a gross transactional value of approximately Rs 900 crore, averaging the sale of three homes daily.

This success is driven by Settlin’s proprietary tech stack and app-only model, eliminating the need for traditional brokers and ensuring frictionless transactions between buyers and sellers.

Abhay Garg, Head of Brigade REAP, highlighted that this is the accelerator's third investment this year, with plans to make eight to ten investments annually in early-stage startups addressing challenges in the real estate industry. He emphasized that Settlin’s automated solution for the resale market aligns with Brigade REAP’s goal to foster innovation-led growth within India’s proptech ecosystem.

Settlin has experienced 10x growth in the past two years, revolutionizing India’s residential resale market by eliminating brokers and offering a seamless app interface for fast, automated transactions.

Infrastructure Urban

09 Apr 2026

Mineral Auction Rules Amended To Speed Mine Operationalisation

The Ministry of Mines notified the Mineral (Auction) Second Amendment Rules, 2026 on 30 March 2026 to accelerate operationalisation of mines and improve ease of doing business in the mining sector. The amendment follows a prior change to the Mineral (Auction) Rules, 2015 effected on 17 October 2025 that introduced intermediary timelines between issuance of a letter of intent (LoI) and execution of the mining lease. The 2025 change provided that one per cent of performance security would be appropriated for each month of delay by the preferred bidder and introduced incentives for early operatio..

Indian Railways Strengthens Telecom And AI Safety Systems

Indian Railways strengthened its telecom and digital infrastructure during 2025-26 with the aim of improving safety, operational efficiency and the passenger experience. The programme promoted modernisation through advanced technologies, robust communication systems and passenger-centric solutions. These measures were presented as part of a drive to build a digitally integrated rail ecosystem. A key development was the enhancement of the Internet Protocol Multi-Protocol Label Switching (IP MPLS) backbone, commissioned at 1,396 stations to meet bandwidth needs of mission-critical applications. ..

NHAI Holds Workshop on Litigation Management and Coordination

The National Highways Authority of India (NHAI) organised a day-long workshop in New Delhi to strengthen capacity and interdepartmental synergy for faster execution of national highway projects. The event was held under Mission Karmayogi – Sadhana Saptah, an initiative of the Government of India to enhance governance through capacity building and improved processes. The workshop focused on structured and solution oriented deliberations to address implementation constraints. The session was chaired by the NHAI chairman Santosh Kumar Yadav and brought together senior officials from NHAI, the M..