Zvesta, a Gurugram headquartered real estate startup, has secured USD 5.5 million from Hindustan Media Ventures Limited.
Zvesta said that it will utilize the funds for consolidating its brand and collaborative marketing for real estate aggregation across India.
Commenting about fundraising, Rajan Dang, Founder & CEO of Zvesta said “Indian real estate estimated to 13% GDP, 1trillion US$ by 2030. Real estate Investments has two side risk vs stability.”
Dang further added “Currently the Indian real estate is in the stand still that will be opportune to bigger asset valuation if and only if the real estate market is lured with sane investments with transparency and accountability. Real estate is a deficit of trust, Legitimacy of transactions for Brokers, buyers, Developers will be built through Zvesta.”
Justifying their investment, Piyush Gupta, Group CFO, HT Media Limited said “Zvesta’s real estate search engine and the database on which they are working is laying a foundation for homeowners, buyers, sellers, renters, real estate agents, landlords, and property managers to discover and maintain vital information about homes, real estate, transactions and home improvement.”
Founded barely four years ago, Zvesta offers SaaS Cloud-based business solution by offering innovation in product for developers and brokers to list and manage their inventories.
The company claims that its platform helps to unlock the power of the web for our stakeholders and thereby provide a rich platform for the buyers, sellers, developers and brokers to synergize mutual beneficial prospects.
Its platform provision options to Search, Listing, Advertising, Selling, Buying & Renting Out various properties under the respective category of Residential, Commercial, Plots & Land.