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Gruhas Proptech With DLF Family Office, Anthill Ventures Announces Second Edition of Gruhas ASPIRE

Gruhas ASPIRE will make strategic investments and enable scale and market access for cohort start-ups

Gruhas Proptech With DLF Family Office, Anthill Ventures Announces Second Edition of Gruhas ASPIRE
POSTED ON April 18, 2023 2:04 PM

Gruhas Proptech, DLF Family Office and Anthill Ventures have announced the launch of the second edition of Gruhas ASPIRE, a six-month scaling program for early-stage prop-tech start-ups. With a focus on enhancing productivity and sustainability in the construction and real estate sector, the program will enable scale and make strategic investments in cohort winners. 

The announcement comes on the heels of the successful delivery of the first cohort of the program. Out of the seven companies in cohort 1, five have closed a round of funding and the remaining two are in the process of closing a round. Further, three of the early-stage companies have completed their product and commenced go-to-market and another three have expanded to new geographies and achieved scale, said the company.

The program has said to brought in pilots, forged partnerships with manufacturing and distribution partners, refined business models and helped with branding and thought leadership. The program partners have funded five of the seven partners directly and by leveraging their investor network. The first cohort will conclude with a demo day in Bengaluru in June.

In the second cohort, selected start-ups will receive dedicated support in marketing, sales, product, team and other business challenges. The program will also enable market access via India’s leading developers and property managers. 

Cohort start-ups will have the opportunity to secure pilots and POCs through Gruhas Proptech, DLF Family Office and Anthill Ventures’ strong corporate network and raise capital via Anthill Angel Funds. There will also be a demo day at the end of the program, where cohort companies will have the opportunity to raise capital and develop relationships with investors, corporates and the government.

"After the overwhelming support and success of the first cohort, we are excited to build on that momentum with our second cohort of prop-tech start-ups. We believe that these start-ups are at the forefront of the evolution with the rising demand for sustainable solutions, government initiatives, increasing investor interest, and technological advancements. We are excited to see new start-ups that are leveraging technology to solve some of the industry's most significant challenges,” said Abhijeet Pai, co-founder, Gruhas Proptech.

“After achieving a successful and thrilling Cohort 1, I am pleased to strengthen the partnership with Gruhas and Anthill for a second cohort! Through the second edition of Gruhas ASPIRE, we aim to empower start-ups that tackle climate change and drive sustainability, making a meaningful impact on the environment and the society at large," added Rahul Talwar, director, DLF Family Office.

"We at Anthill have been bullish on the urban tech and prop-tech market for a few years now, with investments in this space already under our belt. Our market-access-focused model has shown results, and we are thrilled to continue our partnership with Gruhas Proptech and DLF Family Office to help early-stage prop-tech start-ups #ScaleWithSpeed,” observed Sailesh Sigatapu, Partner, Anthill Ventures.
 

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