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Foyr (earlier known as Renderlogy)[1] is a prop-tech platform headquartered in Hyderabad, India.[2][3][4] It currently operates from Hyderabad, Jaipur, and Pune. The company uses 3D visualization technology and virtual reality to provide visualization solutions to architects, homeowners, interior designers, builders and the real estate industry.[5][6][7]

History

The company was founded in March 2014 by Shailesh Goswami, B. Tech from the Indian Institute of Technology, Delhi and an MBA from FMS, Delhi. Shailesh Goswami had earlier worked as the Senior Director of Microsoft. He started the company with the idea to transform the real estate industry.[7][8]

Funding

In 2014, Foyr has raised seed funding of $660,000 from Brick Eagle.[4] In December 2015, Foyr received a funding of $1 million in Per Series-A funding from Astarc Ventures.[9][4] In 2017, the company received a funding of $3.8 million led by property consultancy firm Jones Lang LaSalle (JLL) and several other investors also participated in this round.[9][10][5][11][4][12]

Recognition

  • In 2015, ET startup most innovative company finalists.[13]

References

  1. ^ Nair, Sulekha (13 August 2015). "Foyr.com, now a B2C portal, brings 3D tech to help customers design their homes". Firstpost.
  2. ^ Adarsh, Vasumita (25 September 2015). "Foyr ties up with local vendors for booking delivery". The Economic Times.
  3. ^ "Foyr Extends Its Design and End-to-end Execution Services to Jaipur". Businessworld. 31 January 2018.
  4. ^ a b c d Modgil, Shweta. "Virtual Reality Based Prop-Tech Startup Foyr Raises $3.8 Mn Series A Funding Led By JLL". Inc42.
  5. ^ a b "Foyr.com raises $3.8 million". The Hindu.
  6. ^ Anupam, Apoorv. "Foyr.com raises $3.8 million in Series A funding from JLL India, others". TechStory.
  7. ^ a b "JLL says it could now have world's largest 3D-enabled property portfolio". BusinessTimes. 15 January 2018.
  8. ^ "Empty house? This startup will design and fill it for you in 40 days". Techinasia.
  9. ^ a b Sharma, Shweta (17 December 2017). "Realty-tech startup Foyr.com raises $3.8 mn from JLL India, others". VCCircle.
  10. ^ "Foyr.com raises USD 3.8 million from JLL, others". Moneycontrol.com.
  11. ^ "Foyr.com raises $3.8 million in Series-A funding". Business Line.
  12. ^ "JLL invests in tech start-up Foyr". Mint (newspaper). 24 October 2016.
  13. ^ "ET Startup Awards 2015: GreyOrange is preparing to dominate in warehouse automation, wins top innovator". The Economic Times. 14 August 2015.