General | May 2019

Brigade Real Estate Accelerator Program

MENTORING START-UPS THAT ARE SOLVING REAL PROBLEMS

Today, addressing environmental concerns is the need of the hour. It is so encouraging to see more and more start-ups making headway into this field. A study by Seametrics states that by 2025, an estimated 1.8 billion people will live in areas plagued by water scarcity, with two-thirds of the world’s population living in water-stressed regions.

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In Cohort 3, Brigade REAP mentored a start-up - WEGOT that provides water usage monitoring & analytics for residential & commercial complexes. The start-up has helped save up to 300 million litres of water across 30,000 homes so far.

In India about 300 million people lack electricity, while an additional 100 million have less than 4 hours of electricity per day, and possibly several millions more suffer from unreliable supply. SyncoNext - one of the start-ups in the Brigade REAP portfolio provides IoT driven solutions for commercial buildings and in turn helps save energy. This start-up has saved over 157 K kw/h of energy across 561k Sq.ft. so far.

Around seven million people die each year globally from exposure to polluted air. The three biggest killers attributable to air pollution are stroke (2.2 million deaths), heart disease (2 million), lung disease and cancer (1.7 million deaths). Brigade REAP is currently mentoring a start-up - Clairco that can modify any kind of indoor AC unit into air purifier, thereby allowing you to breathe cleaner air.

These are just a few examples of some of the exciting start-ups at Brigade REAP who are solving real problems. With a focus on innovation in the real estate, retail and hospitality industry, REAP has been helping start-ups build a sustainable & scalable business for over 2 years. Thus far, the accelerator program has personally interacted with over 1000 start-ups and mentored 24 start-ups since the launch of its first Cohort in October 2016.


24 PROPTECH START-UPS MENTORED BY BRIGADE REAP

Brigade REAP has strong partnerships with Cisco, Intel, Microsoft, CBRE, IIM Ahmedabad CIIE- Shelter Tech Accelerator and NASSCOM. The active engagement with the ecosystem partners has paved the path to increased visibility for REAP.

The REAP team is often invited to other accelerator events as speakers and to be part of the selection jury. Apul, was invited as panelist at Societe Generale Accelerator demo day. John, did a session on ‘Start-ups and the Art of War’ with start-ups at the WRI accelerator. Rajeev & Gautam, evaluated the start-up pitches for CIIE - Shelter Tech Accelerator as members of the jury. They were also part of the start-up selection process for Deshpande Foundation. Ankur, evaluated the start-ups in the speed dating session for investment readiness of the start-ups from Target at their Demo Day.

The team was also invited to speak at several national events that were focused on real estate tech. Nirupa Shankar & John Kuruvilla spoke at the Global Housing Technology Challenge Summit organised by Ministry of Housing and Urban Affairs which was inaugurated by Hon’ble Prime Minister Shri Narendra Modi.

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Abilash from WEGOT, sharing his concepts with the Prime Minister of India 

Nirupa Shankar was also invited as a speaker at the Realty+ Summit and at India’s first ‘Invite only’ PropTech event which was held at Mumbai.

Brigade REAP hosted a pavilion at the annual Bengaluru Tech Summit featuring 4 start-ups from its portfolio. Being featured in a report by NASSCOM on Co-innovation: Enterprise Start-up Collaboration, Brigade REAP was among 11 large companies that collaborate & integrate to solve industry issues while creating new products and services.

Constantly on the lookout for exciting start-ups who are working on disruptive technology for Real Estate, Retail or hospitality, Brigade REAP aims at bringing in positive change. The 5th Cohort is in progress at the accelerator program and applications for the 6th Cohort is now open.

For more information visit BrigadeREAP.com

General, REAP

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