JLL India Partners with Zipgrid, Invests $250,000

JLL India has invested about $250,000 in Zipgrid – a technology and knowledge service provider in the community space.

This joint venture will aim to bring residents, society managements and the property managers through technology platforms with flexible architectures. With a futuristic vision to enhance organized communities, JLL India finds Zipgrid more matured than any other solution available in the market and expects it expand its services to more than 100 million households in top 50 cities in India by 2025.

The company is ready to implement Zipgrid’s tech-enabled property and asset management platform in residential and commercial complexes across the APAC region, expressed by Anuj Nangpal, Head, JLL Technology Ventures.

Zipgrid is planning to utilize the amount to fund upgrading and upscaling of existing technology and operations. The company also aims to deploy a range of collective commerce solutions for individual residents as well as residential communities.

“We intend to combine our technology and management solutions with JLL’s network and understanding of this space to improve living experiences in communities while bringing significant economic benefits to residents,” says Jaydip Popat, Co-Founder, Zipgrid.

Source: ET Realty

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