We have seen a number of tech accelerators grow globally and now it's India's turn. It is backed by Brigade Real Estate which is a powerhouse in the Indian real estate market.
The role of the accelerator is very important to help young companies, this is especially true in the notoriously difficult Indian real estate market where the barriers to entry can be tough.
However with the sector being $180 Billion by 2020 there will be alot to go around.
M.R. Jaishankar, CMD, Brigade Group, said, “To keep pace with the ever changing needs of the business it is imperative to accelerate the pace of adoption of innovation and disruptive technologies in the industry. Brigade REAP has been conceptualised to help build path-breaking companies from India."