Deep Tech startup Spyne has acquired Travographer– an on-demand images service supplier firm – at an undisclosed quantity. As a part of this acquisition, the corporate has onboarded over 20 of its staff together with the founding crew. With this acquisition, Spyne expands its presence in the true property market.
Travographer has been main in the true property sector and the crew brings years of experience that may contribute to Spyne’s bigger plans to thrive its enterprise, Sanjay Kumar, co-founder and CEO, Spyne, mentioned. “By getting Travographer’s team and experience, we are hoping to strengthen our services and increase value for the customers. This acquisition has further strengthened our business commitments. As our next step, we now have plans to launch the AI-App based shoot offerings in the real estate sector. This move expedites our growth plan to launch our specialised tech products across different industries, after automobiles, food and fashion.”
Founded in March 2017, Travographer is a number one images service supplier in the true property sector. It has constructed a powerful group of over 10,000 photographers and has helped them thrive and earn via their ardour. Travographer has famend manufacturers similar to OYO, Belvilla, Makemytrip, Goibibo, Stanza Living, Zolo Stays, Fab Hotels, Lemon Tree motels, Club Mahindra, Sterling Holidays, Taj Hotels amongst others. The Travographer photographers, until date, have captured over 35 million images throughout 100 nations. The acquisition comes together with Spyne’s broader plans to accentuate its enterprise and crew in India. Spyne has appointed co-founder and CEO of Travographer – Kapil Arora as head of enterprise, and co-founder and COO of Travographer – Deepak Bansal as head of buyer success. “Our expertise in the real-estate industry aligns with Spyne’s vision and product of taking photography at scale using mobile app in this sector. We truly believe that this was the right time to join hands and generate synergies to add real value to the market i.e by reducing TAT by 90% and scaling operations across multiple locations using tech,” Kapil Arora, co-founder and CEO, Travographer, acknowledged.
Spyne has just lately raised a seven million {dollars} in Pre Series A funding spherical led by Accel, Storm Ventures, Smile Group, Pentathlon Ventures, Core91, and distinguished founders/CXOs from main Internet firms. The firm has aggressive plans to broaden its geographical presence and strengthen its enterprise and groups to ship the best-in-class expertise with its extremely tech-enabled platform.
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Source: www.financialexpress.com”