Bangalore, March 8, 2017 – FalconBrick, an end to end digital solution for real estate project management and execution, raise an Undisclosed Angel Round from Satveer Singh Thakral (Singapore Angels), Apurva Salarpuria (Salarpuria Sattva Group) and others on LetsVenture.
“The real estate sector in India faces many challenges – hugely delayed projects, unhappy customers, liabilities to builders and problems with approvals. With RERA coming in, there is a significant push to regulate the sector and bring in clarity for both buyers and developers – and Falcon Brick does just that! The Falcon Brick team of Gautam, Sashi and Aditya are extremely passionate and with prior experience of being involved in the real estate and construction industry, they intimately understand the pain points associated with this sector. With over 44 years of experience between them in project management, strategy, entrepreneurship and mobile product management, they also have the skill set to make Falcon Brick a huge success. I am very excited about Falcon Brick. The team has my full support.” Said Satveer Singh
FalconBrick’s mobile-based product streamlines end-to-end operations of a project including. Project Execution, Finishing, Inspection, Handover & Post Possession. All teams involved (Site Execution, Quality, Planning, Inspection/QA, CRM, Handover) can manage and monitor the project from excavation to handover. The app does this through smooth & seamless workflows that bring all project stakeholders onto the same platform. Currently, FalconBrick has been adopted by clients such as Brigade Group, VBHC, Shriram Properties, Kolte Patil and Rohan Builders.
Founded in 2013, LetsVenture enables startups and investors to discover and connect with each other. There are 12000+ startups and 2200+ investors on the platform. LetsVenture works with startups and investors on discovery, syndication and closure. This involves managing due diligence and paperwork closure. LetsVenture has enabled more than 100 startups to raise over $40mn.