SHK Global Ventures

The demand momentum in the real estate market, especially the residential segment, has spurred the growth of real estate startups, called PropTech, some of which have attained unicorn status while there are several others on the way. There are already 6-7 unicorns in the sector including prominent ones such as NoBroker.com, a platform for buying, selling, or renting a house without paying brokerage fees and interior designing firm Livspace. There are plenty of other soonicorns that are waiting to become unicorns. These include SquareYards, Stanza Living, CRE Matrix, Zapkey, Magicbricks, Furlenco, #TheHouseMonk, Nestaway, Brick & Bolt, and PropTiger.com. Recognising the role played by PropTechs, in February CREDAI National launched a $100 million proptech fund, Spyre Proptech Venture Fund, in association with Venture Catalysts++ | India's 1st Multi-Stage VC and hashtag #Neovon – a consortium of builders who have committed to putting up a fifth of the corpus. The fund has already received commitments for about 35-40 per cent of the corpus, Murali Krishna V, Principal at Spyre VC told businessline. The first closing is expected to be achieved by the end of this month. He added that while it has been around two months since the fund was launched, they had just started actively reaching out to LPs because they first needed to understand the depth of the market and gauge the opportunities in proptech. He said that a lot of interest was being generated from Indian investors especially the developer community. So far it has a pipeline of about 125 startups in the real estate space and of this around 20-25 could be potential candidates for funding. The fund is planning to eventually end up with a portfolio of around 35 startups. The initial corpus of the fund is $50 million with a green shoe option of another $50 million, Krishna said. Around half of the corpus will be for the seed stage and the remaining for the growth stage. Seed stage funding will go up to $1 million and in the growth stage up to $5 million. Under the overall proptech sector there are about 60-70 subsectors and of this around 40-50 will be the key sectors. We recently launched PropTech THRIVE the PropTech Startup Advisory & Consulting Vertical of SHK Global Ventures , a Mumbai headquartered business acceleration consulting boutique firm, focusing on connecting the dots in the thriving PropTech landscape by offering PropTech Startup Founders specific strategies and solutions, that include : 🔶New Client & Investor Acquisition 🔶Property Acquisition & Business Development 🔶Innovations in Brand Marketing & Content Creation 🔶Educative & Knowledge Sharing Event Curation 🔶Forging Partnerships & Building Communities of Advisors, Mentors, and Investors Link :https://lnkd.in/dASTMycP Niraj P Garg Vartika Agarwal Surbhi Khare Shruti Bhat

I am super excited to be invited as a featured speaker in the next upcoming weekly webinar series at LetUsTalkIt . Topic : " Tech Trends: Exploring the Future of Real Estate & Investments" The webinar series aims to provide valuable insights, expertise, and practical knowledge to the audience, and it's indeed a pleasure to share my experience, a humble contribution to the success of the program.  Website link : https://lnkd.in/gBpz2m39 You can watch the past webinars through this link: https://lnkd.in/gxDMGzz7  The zoom link to join the conversation :  https://lnkd.in/gmi3Hs9A https://lnkd.in/dfiVHVZu Sangeet Hemant Kumar ⭕ WealthiGO

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WealthiGO is a community-first asset acquisition and neo age investment marketplace accessed by our 4 circles of patrons fueling their business acceleration, fulfilling their aspiration to personal growth, acquiring assets, and maximizing wealth. Join our WhatsApp Community by clicking in this Link: https://lnkd.in/dsvh3B3y Sangeet Hemant Kumar ⭕ Vartika Agarwal Preeti Singh  Surbhi Khare Sejal Doshi Kunjan Zaveri Swadip Urankar WealthiGO

It gives us immense pleasure to announce our strategic alliance with the prestigious Big Bash Privilege League (BBPL), scheduled to be held from 26th to 28th of April 2024 at Mumbai Cricket Association BKC Ground, Mumbai. The Big Bash Privilege League (BBPL) tournament in being organised in aid of Cancer Patients Aid Association (CPAA). State players from all age groups, will be competing against each other for the championship title. The best of BBPL XI will get an opportunity to play against the Celebrity XI, comprising film stars, international cricketers, and dignitaries from various fields. The proceeds generated from this tournament will be donated to Cancer Patients Aid Association to support children with cancer. Our objective is to give an opportunity to Mumbai’s young State Cricketers to showcase their talent and help them fulfil their dreams. The league's commitment to encouraging athletics and community engagement is admirable. Whether you're a seasoned athlete or a devoted spectator, the Big Bash Sports League provides an amazing experience filled with excitement and camaraderie. We are inviting the stakeholders of the fast expanding landscape of the luxury real estate, housing and construction industry to participate in this initiative. If you are a real estate developer, asset management company, housing finance company, insurance company, building material manufacture , home décor company, proptech company you should consider becoming a team sponsor and contribute to the noble cause. We truly believe that your association with the Big Bash Privilege League (BBPL) invitation tournament will enhance your brand visibility along with contribution to the development of the society. Shital Pithawalla Deven Sheth Sangeet Hemant Kumar ⭕ Swadip Urankar Vartika Agarwal Sejal Doshi Surbhi Khare Kunjan Zaveri Preeti Singh

Global Startup Summit is coming up with its 6th flagship event on March 30, 2024, in Bengaluru. This is a high-ticket B2B networking event along with Startups pitching to investors, Panel Discussions & Chats with industry experts with 500+ attendees, including, Founders, business owners, venture capital investors, and startup founders. Ticket Link: https://lnkd.in/gfNhkKDB CA CS Mohit Sureka WealthiGO Vartika Agarwal Preeti Singh Swadip Urankar Sejal Doshi Kunjan Zaveri Surbhi Khare

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Realty developer Lodha  , listed as Macrotech Developers has executed agreements to acquire 100% equity stake in Pune-based Goel Ganga Ventures India and the transaction is expected to be completed by January 15. Following the conclusion of this deal, Goel Ganga Ventures India will become a wholly owned subsidiary of the Mumbai-headquartered company. No regulatory approvals are required for the acquisition of the real estate company, Macrotech Developers said in a regulatory filing. Goel Ganga Ventures India, incorporated in July 2020, is engaged in the business of real estate development and related activities. It has not reported any revenue income in the last three financial years. Macrotech Developers reported its best-ever pre-sales performance with 12% on-year growth at Rs 3,530 crore for the quarter ended September along with continued debt reduction and robust business development. The company's net profit for the September quarter declined 42% to Rs 210 crore and revenues from operations declined marginally to Rs 1,750 crore. However, the developer's collections during the quarter rose 16% from a year ago to Rs 2,750 crore. Source : https://lnkd.in/dvCgHyQZ SHK Global Ventures I WealthiGO I The SHK Show Niraj P Garg Sunil Bala Sandeep Verma Vartika Agarwal Preeti Singh Nimish Verma Simran Gomes

How PropTech is transforming real estate in India The real estate business has always been viewed as conservative and resistant to change, but technological advancements profoundly transform its environment. Proptech – the merger of property and technology – is a developing sector that is changing how we purchase, sell, rent, and manage properties worldwide. At its core, it uses technological advances to streamline procedures, improve efficiency, and enhance user experiences in real estate. Proptech is fueling an unparalleled surge of innovation, from virtual property viewings and digital transactions to data analytics and smart home technology. The alteration of property transactions is one of the most significant effects of Proptech. Traditional techniques involving mountains of paperwork and time-consuming procedures are giving way to digital platforms that simplify and accelerate the purchasing and selling process. These services provide virtual property tours, allowing potential buyers or tenants to examine properties remotely, saving both parties time and resources. Furthermore, the combination of data analytics and AI has provided real estate professionals with priceless insights. Predictive analytics aids in projecting market trends, real estate prices, and investment prospects, allowing for better-informed decision-making. This data-driven method improves efficiency and reduces risk in real estate investment. Smart home technology has also played a role in transforming the real estate sector. From linked gadgets that regulate security systems, lighting, and temperature to energy-efficient appliances, these advances improve homeowners’ comfort, convenience, and energy savings. The influence of Proptech on property management is another notable feature. Innovative software and applications ease landlord and property manager obligations by streamlining activities such as tenant screening, rent collecting, and maintenance requests. This automation not only saves time but also improves tenant satisfaction, resulting in higher retention rates. Proptech has a worldwide reach that transcends geographical borders. While developed economies have welcomed these technologies, emerging nations are now adopting Proptech solutions to meet their specific real estate concerns. This technological democratization can bridge the gap between established and new markets, supporting global prosperity and innovation. Source : https://lnkd.in/dykd9jev

SHK Global Ventures is a Mumbai headquartered Business Consulting & Investment Advisory boutique firm , offering Content Led Sales Acceleration, Innovative and Bespoke Marketing, Promotion and Distribution of Products and Services to Stakeholders of the Evolving Indian & International Real Estate, Financial Services, Lifestyle Media & Entertainment Businesses. At SHK Global Ventures, we are building WealthiGO, Community-first Asset Acquisition & Neo Investment Marketplace, accessed by our 4 Circles of Patrons - Founders Circle, Investors Circle, Women Entrepreneur Circle & Youth Circles, fuelling their business acceleration, fulfilling their aspiration to personal growth, acquiring assets and creating wealth. Sangeet Hemant Kumar, Founder at SHK Global Ventures was recognized and appreciated along with other achievers from the world of Real Estate, Media, and Entertainment, at a recently concluded 4th Desi Homes Realty Icon Award held at MCA, BKC. The evening was special as the awardees had the opportunity to be recognised by towering personalities, real life heros - #DeepakPandey, Inspector General of Police, State of Maharashtra, Keval Valambhia, COO at CREDAI-MCHI, #SandeepKaushal , GM at Serum Institute of India Pvt. Ltd. a Cyrus Poonawalla Group, Chand Seth, MD at SOS Nitelife Events & Promotions and Lina Ingle, Director at SOS Nitelife Events & Promotions. The other winners were CJ Mathews, Vice President Marketing at Ashar Group Dr.Mohit Ramsinghani , Chief of Sales and Head Distribution at Runwal Group Deepak Jain , Chairman & MD at Harmony Lifestyles Group AMIET PADAM, Head Sales, Strategy, Distribution and Marketing at Man Infraconstruction Limited (MICL)