CBRE-Nasscom join hands to support tech startups

New Delhi: Property consultant CBRE on Wednesday said it has tied up with IT industry body Nasscom to identify and support startups that seek to transform Indian real estate sector with technological innovations.

CBRE South Asia Pvt Ltd will conduct a 'Proptech Challenge' in collaboration with the National Association of Software and Services Companies (Nasscom) that aims to identify budding startups working towards innovating and building technology solutions for the real estate sector. The collective objective is aimed to support emerging businesses with the potential to transform the real estate market with creative, innovative and disruptive thinking.

Speaking on the initiative, Nasscom Head Membership Srikanth Srinivasan said it is collaborating with CBRE to nurture the real estate segment in the startup ecosystem. "Creating the next-generation of startups is the need of the hour and this platform will provide opportunities to not only present emerging technologies and innovations but also entry into our 10K start-up ecosystem," he added.