Justin Mateen, Founder of popular dating website Tinder had led the seed funding round in Method & Madness Technology, a real estate tech startup. The startup raised $ 2 million for a post-money valuation of $12 million from Silicon Valley investors. The fresh capital will be used to set up and establish the platform, which aims to digitise the real estate market in India.

Still in stealth mode, Method & Madness is founded by Aditya Jhaveri. He brings along 10 years of experience as a real estate broker and developer and has also co-founder Satellite Builders Pvt Ltd, a tech-enabled, fully integrated online venture that allows buyers to browse verified inventory, directly listed by developers.

With his new venture Aditya intends to serve millions of underserved homebuyers by building the greatest digital consumer experience in buying real estate, he said in a statement.

Aditya said, “Our mission is to push the real estate industry forward and disrupt the age-old cumbersome processes of home buying. We want to democratise inventory and provide perfect information and transparency to the homebuyer. We are hence building our product with the hearts and minds of the consumers as central to our philosophy. This fundraise will enable us to develop an end-to-end digital platform and completely change the experience of the homebuyer.”

Speaking about the investment, Justin Mateen said, “The stage is set perfectly for Aditya and our new company to disrupt the home buying process and solve a fundamental problem that the real estate industry has been trying to tackle, not just in India, but also across the globe. By completely digitising the real estate ecosystem, the company will align with PM Modi’s efforts to build a “Digital India” and transform the way Indians buy homes”.