New Delhi: Gurugram-based proptech start-up Zvesta has raised USD 5.5 million from Hindustan Media Ventures Ltd.
Zvesta will utilize the money for branding and marketing and the primary focus will be on building partnership across the country, the company said in a statement.
“Indian real estate estimated to 13% GDP, 1trillion US$by 2030. Real estate Investments has two side RISK vs STABILITY. Currently the Indian real estate is in the stand still that will be opportune to bigger asset valuation if and only if the real estate market is lured with sane investments with transparency and accountability. Real estate is a deficit of trust, Legitimacy of transactions for Brokers, buyers, Developers will be built through Zvest,” said Rajan Dang, Founder & CEO of Zvesta.
“Zvesta’s real estate search engine and the database on which they are working is laying a foundation for homeowners, buyers, sellers, renters, real estate agents, landlords, and property managers to discover and maintain vital information about homes, real estate, transactions and home improvement,” said Piyush Gupta, Group CFO, HT Media Ltd.
Zvesta is a SAAS product that empowers builders, developers, brokers, E-Mitra and other Government authorized agents to sell homes and rent them. The platform provides options to search, list, advertise, sell, buy and rent various properties under the categories such as residential, commercial and plots.