Inc42, DevX launch RE:FRAME with ₹15 crore fund for PropTech
In short
Inc42 and DevX have launched RE:FRAME with a ₹15 crore investment pool for PropTech startups. The initiative is aimed at India’s real estate sector, which the source values at about $650 billion.
It could give property-tech startups more backing in a large market that still needs better technology.
What the reporting says
Inc42 and DevX launched RE:FRAME with a ₹15 crore investment pool for PropTech startups. The initiative comes against the backdrop of India’s estimated $650 billion real estate industry and its need for better property technology.
Why it matters
Inc42 and DevX launched RE:FRAME with a ₹15 crore investment pool aimed at PropTech startups. The move is tied to India’s estimated $650 billion real estate industry, where the source points to a need for improved property technology.