Brigade REAP Invests in Settlin
Real Estate

Brigade REAP Invests in Settlin

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code