Idein Ventures backed REstate gets its new Entrepreneur in Residence in Sainath Panigrahi

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Venture funded REstate Solutions, an end to end provider for real estate business, has expanded its operations in India by recruiting IIT Guwahati graduate Sainath Panigrahi as its Business Development Manager and EIR.

HYDERABAD, India - Aug. 27, 2016 - Rezul -- REstate Solutions, a technology and research enabled real estate company with land and builders in its fold, is expanding its base in India with new recruitments. It is currently headed by S Ashok Vardhan, an SBI veteran, and is now joined by Sainath Panigrahi as its Entrepreneur in Residence.

Panigrahi is the founder of alternate energy startup Addwatt and has been Sales Manager at education technology startup Plancess Edusolutions. He is a graduate from IIT Guwahati. He will oversee marketing, branding and business development operations at the company's headquarters in Hyderabad India.

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REstate was in the news recently for being funded by Idein Ventures, a global venture capital and private equity fund, backed by Rajeshwar Prasad, also a Cabinet Minister in the Republic of Guinea Bissau, Mahesh Vellaboyina, a US citizen with global private equity investments, and Ashwin Srivastava, a serial entrepreneur based out of Mumbai. REstate has also been advised and supported by global stalwarts from private equity space. It aims at providing a common umbrella for builders and has started its operations from South India, with plans of expansion to UAE in the near future.

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Source: REstate
Filed Under: Real Estate

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