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Flipkart founders invest in realty start-up Plabro Networks

  • E-commerce major Flipkart’s co-founders Sachin Bansal and
    Binny Bansal, along with some others investors, have pumped in $3,50,000 in
    real estate start-up Plabro Networks.
    • E-commerce major Flipkart’s co-founders Sachin Bansal and
      Binny Bansal, along with some others investors, have pumped in $3,50,000 in
      real estate start-up Plabro Networks.
    •  
    • Image result for plabro networks
    •  
    • The Gurgaon-based start-up has recently launched a mobile
      application Plabro to connect property brokers and help them in closing deals
      quickly.
    •  
    • As of now, the app has been launched for Gurgaon and Noida,
      and the company has plans to take this platform to other cities. The free-to-download
      app is currently being used by about 3,000 brokers, the company claimed.
    •  
    • “In first round of funding, we have raised $3,50,000
      from a clutch of investors including Flipkart co-founders Sachin Bansal and
      Binny Bansal,” Plabro Networks co-founder Pankaj Garg told reporters.
    •  
    • Flipkart co-founders have invested in their personal
      capacity, he added.
    •  
    • The funds would be used to create a stronger networking
      ecosystem and expansion.
    •  
    • “Plabro Networks has the promise of changing the real
      estate landscape with its innovative ideas. I am sure that real estate agents,
      who are inherent stakeholders in the real estate sector, will benefit
      tremendously from the application,” Binny and Sachin Bansal were quoted as
      saying in a statement.
    •  
    • “By sharing the inventories and requirements with other
      real estate brokers, one increases the reach manifolds. This helps in closing
      the deals faster, expanding the business horizon beyond geographical
      limitations,” Plabro Networks said in a release.
    •  
    • The company is also in the process of adding data analytics
      and business insights that will support the knowledge base of customers.

     

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