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Clicbrics raises USD 3 mn from investors to expand property brokerage technology platform

Press Trust of India  |  New Delhi 

Clicbrics, a tech-based property brokerage platform, on Wednesday said it has raised USD 3 million (around Rs 20 crore) from investors for expansion.

The pre-series A funding round was led by Manny Singh of Kavi Fund, New York; Peter Mann, Fund Manager at Gluskin Sheff, Canada along with a senior MD of one of the largestCanadian pension funds among others, the company said in a statement.

It will use the fund to fuel expansion and growth in the Indian market, the company added.

Delhi-based Clicbrics will continue to focus on tier-I and tier-II cities, targeting the real estate market in a bid to organise the sector.

It is an AI (artificial intelligence) driven real estate brokerage platform and connects customers, brokers and developers within its technology platform.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 14 2019. 16:45 IST