As a part of the deal, the entire team of Oryden Tech Labs will join Square Yards.
Founded by Keyur Bhalavat and Ravi Patel, Ahmedabad-based Oryden started as a 3D architectural design studio. It offers design services like industrial process design and virtual reality setups for products and buildings.
“Digital is increasingly becoming the game changer in real estate industry with concepts like interactive visualisations, virtual reality and AR helping users to imagine their future home before moving in. Bringing in Oryden under the Square Yards umbrella will help us enhance our design and innovation bandwidth,” Square Yards CEO Tanuj Shori said.
This is Square Yards’ third acquisition of the year. Earlier it had acquired Realizing.In, a search and discovery portal known for having the best of algorithmic and analytics based property research and LUXE, a Singapore-based luxury realty agency.
Founded in 2013, by Tanuj Shori, Square Yards, is a technology-enabled transaction and aggregator platform for global real estate. The company currently has presence in 21 cities and six countries, and employs more than 800 people led by a team of accomplished professionals, ex-bankers and Ivy school alumni.