Powered by his support, Blox is all set to change the realm of the real estate industry in India through new-age digitalization that sets the standards for the future.
India’s first technology-based and consumer-centric real estate buying platform, Blox founded and led by Aditya Jhaveri is no stranger to breaking the convention and entering territories that have not been explored before. Post its successful first round of funding of $2M led by Tinder founder Justin Mateen, the brand is building on its reputable stature and has gained the attention of several leading investors. Celebrity investor, Brad Bao, the Co-Founder of Lime and Kinzon Capital has invested an undisclosed amount in Blox which will be revealed post valuation. An active entrepreneur and early-stage investor in Silicon Valley Brad Bao has played an instrumental role in the growth and development of major companies since their seed stage. Prior to joining Kinzon capital, Brad served as the General Manager of Tencent America and VP of BD of Tencent Games for over 8 years, where he built the Tencent US brand from scratch, and was responsible for overall P&< including investments, strategy, globalization, BD and operations.
His investments in brands such as Discord, doc.ai, Volta, etc. have enabled startups to unlock their best potential over the years and he aims to do the same for Blox via a fruitful partnership with Mr. Jhaveri. Powered by his support, Blox is all set to change the realm of the real estate industry in India through new-age digitalization that sets the standards for the future.
Speaking on the occasion, Mr. Aditya Jhaveri, Founder & CEO, Blox said, “We’re aiming to reinvent the way people buy homes by building the most consumer-focused digital real estate marketplace. Our latest round of funding by Brad Bao is a testament to people’s faith in our vision and the direction we are moving in. It also shows that global investors recognize the massive market opportunity of present in the Indian real estate sector and are positive about the long-term viability and scalability of our tech-enabled platform.”
When asked about his vision for the investment, Brad Bao, Co-Founder of Lime & Kinzon Capital commented, “Having seen and experienced the development and digitization of the real estate market in both US and Asia believe there are better ways to serve the real-estate consumers in India. That is by providing the most accurate data along with a transparent process – and now is the perfect time to develop this. There is no better time than now to create tremendous value and make a big impact. With deep real-estate experience, the apt level of hustle a successful entrepreneur needs, and a big vision, Blox has the right traits to make this happen.”
In order to bring this philosophy to light, Brad Bao marked his first Indian investment with trust and reliability in Blox. The brand’s revolutionary vision and approach encouraged Mr. Bao to join the company from an early stage thereby playing an instrumental role in its growth and development. Through this collaboration, they endeavour to not only be a profitable venture but also beneficial for the market as a whole.
Source: Business World
