JLL India launches real estate technology investment vertical

JL India1India’s largest and leading international property consultancy JLL India announced the launch of its new independent Real Estate Technology Investment vertical to invest in start-up or growth-stage companies developing innovative and disruptive technology solutions specific to the real estate sector.

Anuj Puri, Chairman & Country Head, JLL India says, “The purpose of this vertical is to invest into early-stage companies – or start-ups – which can potentially disrupt the real estate business with brand-new thinking, backed by sound, workable technology. With this investment vertical, JLL has its eyes trained on Geographic Information Systems, Visualisation and Augmented Reality, Artificial Intelligence, sustainable energy, water efficiency, smart commercial buildings, Smart City tech applications, property Management technologies, data analytics, home automation and – on a broader level – the Internet of things.”

This initiative is spearheaded by Anuj Nangpal, a real estate industry veteran and a specialist in M&A, private equity, corporate advisory and investment banking. As Head – JLL India Real Estate Technology Ventures, he will have strategic oversight of the newly-launched investment vertical and will work closely with JLL’s various business lines and financial partners to deploy seed capital into the identified firms.

“Given its global network and deeply-entrenched business reach in the real estate sector, JLL is uniquely positioned to provide technology start-ups with a platform to make a significant difference to the real estate industry and deliver corresponding value to its financial partners. A strategic partnership with JLL will allow these companies an opportunity to scale up as well as explore the application of the technologies in global markets. The Firm is investing into the future of Indian real estate”, says Anuj Nangpal.

This will be an independent investment entity which will focus on enhancing the value of its equity holdings in the target firms. JLL will also explore the potential of working with private equity funds and financial institutions to make even larger investments, if needed.

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