Mumbai-based data analytics startup Propstack gets selected for Colliers Proptech Accelerator Class of 2018

Mumbai-based Propstack, a data & analytics company that helps predict real estate market trends is one of the selected participants for Colliers Proptech Accelerator.

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Colliers International Group announced its 2018 class of proptech startups for the Colliers Proptech Accelerator. This program is part of company’s focus on targeted innovation in the area of proptech. The startups will focus on solutions across the real estate value chain such as commercial datasets for occupiers and investors; office services and tenant engagement; big data, analytics and artificial intelligence; space as a service; marketplaces and space utilization; and, Smart City and of Things.

“Each startup in our Class of 2018 has been carefully selected for investment based on their approach to near-term, value-enhancing opportunities for our clients and professionals as well as longer-term opportunities that, with strong technology platforms, will help us push industry boundaries,” said Jay Hennick, Colliers Chairman & CEO. “At Colliers, our enterprising culture values mentorship and the benefits it can bring to a growing company. Our class will have access to more than 100 Colliers and industry mentors, as part of the Colliers Proptech Accelerator, giving them an exceptional opportunity to test, pilot and grow their companies.”

Over the next 13 weeks, the Class of 2018 will work from the Techstars Accelerator space in Toronto to refine their business plans and gain traction with the market, while accelerating their fundraising strategies and developing Demo Day presentations. Through this process, the startups will work closely with mentors from Colliers and the broader real estate industry, successful startup founders and venture capitalists. At the end of the program, each startup will present to investors and mentors at Demo Day on December 4, 2018, said the company.

“Our Proptech Accelerator combines Techstars’ expertise in technology innovation, startups and alumni networks with our real estate expertise and international network,” said Dylan Taylor, Colliers President & COO.

Following startups have been selected for Colliers Protech Accelerator Class of 2018:

Propstack (Mumbai, India): Propstack is a data & analytics company that helps predict real estate market trends and enables efficient transactions.

A Retail Space (New York, U.S.): A Retail Space finds the perfect location for your business through data.

Basking (Berlin, Germany): Basking.io is an ROI-driven building automation platform for the flexible office space market.

Booqed (Hong Kong, China): Booqed is a digital marketplace for flexible space, helping to connect businesses needing places to work, meet or host an event, with landlords seeking to monetize under-utilized space.

Lane (Toronto, Canada): Lane is the operating system for your building, streamlining building operations on a -based platform you can access anywhere.

MapYourProperty (Toronto, Canada): MapYourProperty is a Google Maps for Real Estate Land Development, simplifying the planning process to a 3-click solution.

Raybased (Gothenburg, Sweden): Raybased is the open network for the commercial real estate, communicating across all existing electrical systems to monitor, control and optimize functions such as heating, ventilation, lighting and building access.

RefineRE (Dallas, U.S.): RefineRE leverages real-time market data to provide CRE portfolio intelligence for organizations looking to make smarter, better and faster decisions about buying, selling, leasing, expanding, or downsizing their property footprint.

SPCE (London, U.K.): In partnership with Experian and the world’s top universities, SPCE allows the higher education community to search and pay for campus-specific, student rental properties and accrue a positive credit rating without the need for deposits or joint tenancy liability.

Upsuite (Denver, U.S.): Where teams go to find coworking spaces.

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