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Technology: IMMO says Chennai hub enables to scale business globally

Fiinews by Fiinews
June 5, 2023
in Technology
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Exciting time to build product-platform development capabilities, says Mandali

IMMO, the London-headquartered proptech platform disrupting how people can sell, rent and invest in housing, says its Technology Hub in Chennai speeding up the development of its proprietary technology platform, enabling IMMO to scale its business globally.

The Hub, opened last year, is fast-growing now with a headcount of 50 employees across engineering, product, and support roles with particular focus on business intelligence, data analytics, machine learning and artificial intelligence.

“We are hiring full-stack engineers, product managers, DevOps experts, data engineers, and agile coaches to grow our technology hub in Chennai,” said Shanmugam Nagappan, an industry veteran appointed as Managing Director for IMMO India.

“Setting up the Technology Hub in Chennai is a cornerstone of our growth strategy,” said Hans-Christian Zappel, Founder & CEO of IMMO Investment Technologies.

“The real estate industry has traditionally only deployed technology in individual parts of what is a category-spanning value chain, stretching from investors, through construction, to consumers.

“At IMMO, we are uniquely positioned to create meaningful change and disruption in every part of an otherwise stale and fragmented industry,” he said.

“The Technology Hub in Chennai will be a good extension to our existing globally distributed teams operating out of the UK, Germany, and Spain and will accelerate our growth, said Hima Mandali, CTO of IMMO.

“It’s an exciting time to be building on our product and platform development capabilities to serve our investors, residents, and sellers around the world,” Mandali said on 5 June 2023. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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