By laksh5382 
According to Abhay Garg, head of Brigade REAP, the startup accelerator arm of Bengaluru-based real estate major Brigade Group, Brigade REAP plans to invest in six to eight startups every year.
“We plan to invest between $100,000 to $200,000 per startup,” he said. Earlier on Thursday, the startup accelerator announced it has invested $500,000 in gig-based real estate startup Setlin as part of a funding round that included multiple investors.
Commenting on the investment, Garg said, “Brigade REAP aims to invest in startups beyond its accelerator portfolio, thereby broadening its impact on India’s prop tech ecosystem.”
Setlin, founded in 2016, is a prop tech startup specializing in end-to-end execution of residential property resales while eliminating dependency on traditional brokers. Earlier, the startup had raised $1 million in a Pre-Series A round from Powerhouse Ventures, GSF Fund, Murugavel Janakiraman, Dinesh Agarwal and other investors.
According to a company release, Setlin recorded the sale of 1,000 homes with a gross transaction value (GTV) of approximately ₹900 crore.