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reAlpha Tech Fully Acquires Naamche: What’s Next?

Alexander Johnson

By Alexander Johnson - May 9, 2024 | Updated On: 09 May, 2024 | 2 min read

By Alexander Johnson , 2 min read - May 9, 2024

Updated On: 09 May, 2024

reAlpha Tech Fully Acquires Naamche. Image Credit: Social Media.

Ohio-based real estate technology company reAlpha Tech fully acquires Naamche. Naamche is a Nepal-based technology firm that creates AI-powered solutions for big companies, including real estate.

Therefore, this article will shed light on the acquisition, what it means for the two companies, and the next steps after the collaboration. Stay tuned until the end.

A Short Info About Naamche And reAlpha

Naamche provides data analytics and science, custom ML/AI, data engineering, and cross-platform development. Nepalese Ramesh Pathak, Saramsha Dotel, and Barun Pandey founded the company in 2020.

Similarly, reAlpha’s mission is to shape the property technology and market landscape via commercializing AI technologies and strategic acquisitions.

reAlpha Tech Fully Acquires Naamche

The recently released news of reAlpha acquiring Naamche has garnered colossal speculation.

Naamche’s AI, ML, and data engineering expertise improves reAlpha’s product portfolio and R&D program.

As part of the acquisitions, reAlpha received a talented team of 43 AI engineers, UX designers, developers, and creatives to its table.

reAlpha Tech Fully Acquires Naamche

reAlpha Tech Fully Acquires Naamche. Image Credit: LinkedIn.

Together with the Nepalese team, reAlpha will envision, create, and deploy actual estate-focused digital products to suit the demand of a fast-digitizing real estate business.

Also, Claire, reAlpha’s recently announced “commission-less” AI platform for real estate property buyers, was built by Naamche. It is exclusively offered in Palm Beach, Miami-Dade, and Broward counties, Florida.

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What Did the Representatives Say About the Acquisition?

reAlpha Tech Fully Acquires Naamche. The representatives of both companies had something extraordinary to say about their collaboration.

Giri Devanur, CEO of reAlpha, said that,

This transaction marks a milestone in our strategy to build and scale our capabilities for creating and delivering AI-powered real estate solutions. “We are pleased to integrate Naamche’s talented team into our workforce and look forward to our collaboration to continue seeking real-estate focused product innovation.

Similarly, Pathak, on the other hand, said that,

We are excited to join forces with reAlpha and contribute our expertise in AI and technology to help drive innovation in the real estate sector. Together, we believe we will be well-positioned to develop cutting-edge solutions for the real estate industry and to modernize its digital landscape.

Let’s see what the future holds after the collaboration of Nepalese and American-based companies.

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