ZippServ, an online platform that provides risk assessment services for real estate investments, has raised Rs 2.5 crore ($390,000) from a clutch of investors, the startup’s co-founder told VCCircle.
Sudeep Anandapuram declined to reveal the investors’ identity saying only that the investors are from the real estate sector.
“We plan to expand our services across metros, including Pune and Mumbai, and are also looking to increase our presence in commercial, industrial and agricultural real estate,” said Anandapuram.
The Bengaluru-based startup, run by Ideaclicks Infolabs Pvt. Ltd, provides advisory services related to legal, technical and civil engineering due diligence, and frauds related to property titles. It also offers technology-enabled services to ascertain discrepancies such as encroachments.
It was founded in December 2015 by Anandapuram and Debashish Hota. Anandapuram previously held senior engineering positions at Tellabs, Cisco Systems and…