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iProp.Money to target $200 million worth of transactions in the first quarter

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iProp.Money to target 0 million worth of transactions in the first quarter

India’s first integrated platform for payment, channel partners and investor management announced that they have launched the platform to help the real estate industry focus on its core. The platform will help real estate developers, brokers, consultants and investors by digitally integrating all important services that are difficult to manage in the real estate industry under one roof. The digital platform has been launched with 6,500 brokers.

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iProp.Money will help builders expand their business to the most remote areas of the country. With just a few clicks, it can also provide a large number of services. iProp.Money provides a banking technology platform that enables real estate owners, brokers and investors to change their experience and the way they conduct real estate transactions. Channel partners and investors use the platform to improve the transparency of brokerage business, and use data insight and monetization space to create incremental revenue. Divaker Bhalla, the founder of iProp.Money, said: “One of the biggest challenges we solve with iProp.Money is to make real estate transactions between brokers, builders, and customers completely transparent and seamless.

Our platform will solve the problems faced by the real estate industry. Many problems do not require human intervention. We provide a series of services under one roof; even we have solved the challenge of signing legal agreements with electronic signatures and electronic seals. In the past, customers had to hand over their checks within a few days Nothing is known; our platform will easily implement and respond to these challenges in just three days. Clients will get his documents, brokers will get their commissions, and builders will get their share.” “We are also introducing verified investors on the platform, which will help the industry raise funds at the most affordable price. Our goal is to achieve a $200 million worth of transactions in the first quarter of launch,” he further added.

The platform will provide one-stop services, such as customer relationship management, housing loan assistance, signing of multi-part agreements using electronic signature panels, payment management through bank panels, instant unlimited virtual accounts, importing leads from real estate portals, instant KYC and Documentation, expand to thousands of free brokers, and buy now and pay later options. The platform will provide builders with virtual accounts, cooperative banks and customer logins, as well as three communication channels between builders, brokers and customers, which is expected to bring transparency to real estate transactions.

News Source : Backtrack

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Startups that use excerpts from their own pitch are sent legal notifications by Shark Tank India; the creator responds, “Kaise banega naya India?”

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Startups that use excerpts from their own pitch are sent legal notifications by Shark Tank India; the creator responds, “Kaise banega naya India?”

After getting a legal letter from Sony Pictures for copyright infringement, the subscription-based tea business Dorje Teas found itself in deep water for utilising footage from their own pitch on YouTube and Meta advertisements.

The founders of the subscription-based tea company Dorje Teas, Ishaan Kanoria and Sparsh Agarwal.

While many entrepreneurs, especially those with startups, have found transformation through the business reality TV series Shark Tank India, the narrative is slightly different for Dorje Teas, a subscription-based tea firm that ships organic and fresh-from-the-farm Darjeeling Tea to consumers throughout India. Sony Pictures Networks India slapped the firm with a legal notice, which has placed it in hot water.

Co-founder Sparsh Agarwal of the company, who brought Dorje Teas to Shark Tank India last year and raised funds of Rs 30 lakh for 15% equity from Anupam Mittal, Peyush Bansal, and Vineeta Singh, valued the business at Rs 2 crore, recently revealed on LinkedIn that they received a legal notice from Shark Tank India for utilising snippets of their own pitch.

Agarwal claims that they received a notification about copyright infringement for utilising these clips in YouTube and Meta advertisements. It appears that Sony Pictures has sent notice to other companies besides Dorje Teas. He said, “They’ve clamped down on every single startup that showed up on Shark Tank, so we’re not the only ones.”

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“I don’t understand why they would do this, even though I am aware of the copyright rules that justify it. After all, Dorje Teas and several other businesses, like Skippi, Assembly, Perfora, Hoovu Fresh, Beyond Snack, Wakao Foods, Nasher Miles, and many more, invest thousands of dollars each month to enhance Shark Tank content, which helps the Shark Tank India brand get free exposure and increase brand memory,” he continued.

Agarwal went on to call it a poor business choice that some executive or lawyer at Sony had made, adding that it “goes against the entire ethos of promoting small startups.”

Additionally, the focus of Shark Tank Season 3 has been on creating a new India and assisting the startup environment in India. “How will we construct a ‘new India’ in this manner?’” he questioned in a self-recorded video.

On social media, Agarwal was met with praise, while some contended that Sony’s actions were legitimate in theory. “Dear Sparsh, you must realise that ‘You are the content’ in this situation. You play a big part in content production. You posted the material that features you on your social media accounts (Facebook, Instagram, YouTube, and so on), but not on Sony’s. You might say that the traffic they were supposed to get was somehow redirected to them. A content strategist made the observation, “You are monetizing your social channels with the content they produce.”

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“The first person to provide a sneak peek in the content industry attracts greater attention. Furthermore, it’s possible that you agreed to sign a waiver giving them perpetual rights to the footage they shot. They said, “Verify your contract or try to recall signing any electronic documents on the filming locations that make this clear.

“You are investing lakhs of dollars to promote Shark Tank, while Shark Tank is investing billions of dollars to plan and publicise the programme that features your brand.” Simply alter your viewpoint, as another poster pointed out.

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