Proptech firm Aeria secures Rs.15 cr in pre-seed funding round led by Kaalari Capital
The tenant experience and asset management, a prop-tech platform Aeria, has recently raised $1.8 million or around Rs.15 crore in pre-seed funding led by Kalaari Capital and Fundamental along with AC Ventures, AL Trust among others. The company was established by former co-founder of OxfordCaps, Priyanka Gera accompanied by IIM alum Piyush Kateja, Aeria uses technology and AI to transform the office buildings from a commodity to an experience.
The company said that they will use this freshly secured funding to expand their market presence across Southeast Asia, Middle East and other Asian countries. The company uses Artificial Intelligence to transform office buildings into an experience.
Founder & CEO of Aeria, Priyanka Gera said, “Commercial real estate in Asia Pacific is estimated at 52 billion square feet, expanding at a CAGR of 15%. However, most owners currently rely on traditional methods to manage facilities and tenants. We aim to use technology to transform this experience and bring in efficiency to the owner's operations.”
Aeria delivers comprehensive solutions which are incorporated well with modern technology to create a top-notch digital solution for last-mile commute addition, F&B integration, move-in services, and community management, among others.
Developers and asset managers can check Aeria’s detailed analytics suite to improve financial performance up to 15% as they make data-driven decisions. Their dashboards present sharp insights on various asset risks, demand forecasting, space management, rental optimization and tenant segmentation.
Sampath P, Partner at Kalaari Capital, said, “The real estate post-COVID world must evolve, especially the lack of predictability in demand and supply since 2020 in the commercial real estate sector. We believe that commercial real-estate is going to get a massive digital upgrade.”
The real estate companies which are backed VC have raised $13.4 billion in 2023, up from the $4.1billion that was raised during the same period last year, and higher than any year in that period in the past decade.
The company said that they will use this freshly secured funding to expand their market presence across Southeast Asia, Middle East and other Asian countries. The company uses Artificial Intelligence to transform office buildings into an experience.
Founder & CEO of Aeria, Priyanka Gera said, “Commercial real estate in Asia Pacific is estimated at 52 billion square feet, expanding at a CAGR of 15%. However, most owners currently rely on traditional methods to manage facilities and tenants. We aim to use technology to transform this experience and bring in efficiency to the owner's operations.”
Aeria delivers comprehensive solutions which are incorporated well with modern technology to create a top-notch digital solution for last-mile commute addition, F&B integration, move-in services, and community management, among others.
Developers and asset managers can check Aeria’s detailed analytics suite to improve financial performance up to 15% as they make data-driven decisions. Their dashboards present sharp insights on various asset risks, demand forecasting, space management, rental optimization and tenant segmentation.
Sampath P, Partner at Kalaari Capital, said, “The real estate post-COVID world must evolve, especially the lack of predictability in demand and supply since 2020 in the commercial real estate sector. We believe that commercial real-estate is going to get a massive digital upgrade.”
The real estate companies which are backed VC have raised $13.4 billion in 2023, up from the $4.1billion that was raised during the same period last year, and higher than any year in that period in the past decade.
