Square Yards acquires PropVR, AI-based 3D visualisation platform

Mumbai: Proptech platform Square Yards has acquired PropVR, an AI-based platform specialising in creating digital property experiences using 3D technologies, virtual reality and augmented reality. Both the founders of PropVR will join Square Yards in senior leadership roles, as part of the all-stock deal. PropVR’s existing investors, including realty developer Brigade Group’s Real Estate Accelerator Programme (REAP), have also become co-investors in Square Yards as per the terms of this acquisition.