Property Consultant JLL Invests in Tech Startup Foyr.com
Property consultant JLL India today launched a new vertical to invest in technology start-ups in the real estate sector, making first such investment in Foyr.com.
JLL did not disclose the amount invested in Foyr.com -- a technology platform for visualising real estate space. But it expects three more investments this year and 10-15 in the next 12-18 months.
Foyr's technology allows developers to market their developments and also customisation of interiors on the fly.
The new independent real estate technology investment vertical will see infusion in start-ups or growth-stage companies developing innovative and disruptive technology solutions specific to the real estate sector, JLL said in a statement.
"The purpose of this vertical is to invest into early-stage companies - or s...