Updated: June 24, 2022 6:48 p.m. STI
New Delhi [India], June 24 (ANI/NewsSee): Clicbrics, India’s most advanced digital residential real estate platforms, today announced the integration of Subhash Bedi, Chairman and CEO of Rising Straits Capital, to its advisory board. ‘administration. A serial entrepreneur and professional institutional investor, Subhash brings with him decades of experience in asset management, particularly focused on the real estate and infrastructure spectrum in India. He has been instrumental in the growth of various organizations globally.
A real estate enthusiast and financial wizard, Subhash has managed over $1 billion in investments across India. Subhash started his journey as co-founder and managing director of Red-Fort Capital in 2006, keeping innovation and technology as his top priorities. He also founded Rising Straits Capital in 2015, which manages private equity funds and a non-banking finance company. Additionally, he has made many groundbreaking corporate investments in the global real estate market and has mentored numerous start-up funds, debt funds, hedge funds and fintech companies.
Speaking about this crucial addition to the board, Rohit Malik, co-founder and CEO of Clicbrics, said, “We are delighted to have Subhash join Clicbrics as a director, investor and co-founder. His knowledge of the Indian real estate sector is unparalleled, and I am sure he will be instrumental in the growth of Clicbrics. Not only does he come on board with decades of real estate expertise, but Subhash is also a visionary leader , which I believe will shape Clicbrics to be the largest comprehensive digital real estate platform in India. I have known Subhash personally for several decades and we have worked closely together in the past.
“Over the past 16 years, I have had a front row seat as the residential real estate market in India has become more organised/professional. ClicBrics is the best platform to take advantage of opportunities during the next decade as the market continues to go digital, become more transparent and become more consumer-centric,” Bedi said. “The skills required in the space are a combination of data and real estate know-how on the terrain and that’s what will set Clicbrics apart.”
As a member of Clicbrics’ Board of Directors, Subhash will contribute to the overall online and offline strategy and work closely with Rohit, Founder and CEO of Clicbrics. Subhash will be instrumental in business development with builders/banks, monetization strategy and team building.
Integrated with India for India, Clicbrics is the most advanced residential digital real estate platform in the country. Founded in 2017, the platform was developed with the aim of removing price opacity from the real estate brokerage ecosystem. Having intimately identified the flaws in real estate buying in the country, the founders sought to create a platform that uses advanced technologies to deliver price trends and accurate transactional prices to every stakeholder in the real estate market. Today, Clicbrics has created a new paradigm for the online real estate industry in India by combining real estate expertise with cutting-edge technologies.
Clicbrics is on a mission to revamp the way Indians buy and sell real estate. Offering unique tools, the Price Transparency Platform gives users real-time access to transaction prices, inventory levels and neighborhood checks. With over 100 million proprietary data points, Clicbrics is potentially building the MLS (Multiple Listing Service of India), which does not exist in the country, due to the diversity of languages and lack of access to data real-time transactions. With an easy-to-navigate interface, the user-friendly platform allows Clicbrics customers to access everything with just a few clicks.
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