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

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..