Samudragupta Talukdar, the visionary Founder & CEO of Relata, shares his journey from a dreamer with a passion for leadership to becoming a trailblazer in the Indian real estate industry. In this exclusive interview, we delve into the triggers that led him from a conventional job to entrepreneurship and explore the transformative impact Relata.io is making in the real estate sector.
The Entrepreneurial Journey: From Dreams to Reality
Samudragupta’s journey into entrepreneurship was sparked during his engineering placement season, where a mock session required him to create a company and outline its offerings. This exercise ignited the flame of entrepreneurship, and the desire to lead initiatives from the front became a guiding force. The 2009 Satyam Fiasco and uncertainties during the subprime crisis further fueled his determination to build his own business.
After an initial setback with his first venture in 2014, Samudragupta used the failure as a stepping stone. In 2019, the realization dawned that the first business lacked the scalability needed for success. This setback, however, became the catalyst for the birth of Cognilements, which eventually evolved into Relata in 2021. The journey has been marked by resilience, learning, and a constant pursuit of excellence.
Relata.io: Bridging Gaps in the Real Estate Ecosystem
Relata.io identifies the fractures within the existing real estate processes and strives to enhance efficiency and growth potential. The company focuses on two critical pillars: engagement & exploration and deal closure & processing. To revolutionize the industry, Relata concentrates on six key functions:
Efficient Funnel Management: Centralizing customer data to avoid missed opportunities for behavioral analysis.
Intuitive Exploring & Customer Buying Experience: Utilizing technology to enhance the customer buying journey.
Engagement Analytics: Providing real-time analytics to empower real estate businesses.
Automation & Integrations: Streamlining processes through automation and integration with cutting-edge technologies.
Extended Visualization: Offering engaging and powerful visualizations for better decision-making.
Empowering Partners and Realtors: Prioritizing the development of technology tools for partners and realtors.
Financial Milestones and Future Funding Plans
Relata is reaching the $1 million revenue mark, reflecting the success of its innovative solutions. Following HDFC Capital’s strategic investment in July 2023, the company is now gearing up for a Series A funding round with top investors in the proptech space.
Expanding Solutions to a Wider Audience
Acknowledging the dynamics of the realty market, Relata is working on disrupting product lines tailored for the mid-tier and bottom of the pyramid segments. Recognizing the role of technology in achieving India’s $1 trillion realty economy, the company plans to release a mid-tier product by June 2024.
Future Plans: A Global Proptech Transformation
Looking ahead, Relata envisions expanding its tech ecosystem across various strata of the real estate industry. Pilot projects are underway to test the connected ecosystem product. The company is also scaling up operations in India and eyeing expansion into overseas real estate hubs such as the UAE, Europe, and North America. This strategic move aims to establish India’s technological prowess on the global stage, bringing about a proptech transformation from the east to the west.
Samudragupta Talukdar and Relata.io stand at the forefront of innovation, reshaping the real estate landscape and setting new benchmarks for the industry’s future. Their journey exemplifies the power of resilience, adaptability, and a relentless pursuit of excellence in the ever-evolving world of entrepreneurship.
