Hindustan Media Ventures invests $5.5 mn in prop-tech co Zvesta
MUMBAI: Gurugram-based prop-tech start-up Zvesta has raised $5.5 million from Hindustan Media Ventures. Zvesta will utilise the raised capital to build its brand and collaborative marketing for real estate aggregation across the country.
Zvesta is a marketplace where all the stakeholders connect on a real-time basis to make clear and transparent deals through the SaaS-based platform, which provides an altogether new visualization, technology controls, faster and more interactive user-interface as a property search engine. The platform provides options to Search, List, Advertise, Sell, Buy and renting out various properties under the respective category of Residential, Commercial, Plots Land.
Zvesta Founder & CEO Rajan Dang said, “The capital raised will be used to widen the builder alliances from 100 to 1000 and other partnerships across India strengthening through its technology product. It will also be utilised to scale up the business by opening regional offices Jaipur (Rajasthan), Mumbai and Pune (Maharashtra), Bengaluru (Karnataka), Lucknow (Uttar Pradesh) as well and expansion of sales team.”
HT Media Group CFO Piyush Gupta added, “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.”