Primarily focused on Gurgaon, it has recently started offering flats for rent in Pune also. Target customers primarily comprise young couples, families, and digitally-active working professionals. Over one lakh customers have been serviced by FastFox, with more than two lakh tenants and owners using the platform. It has raised funds close to $7 million from LightSpeed India Partners and Blume Ventures. ‘Sockpuppets’ created puffery about Adani, says WikipediaįastFox was started in 2016 by Pandey along with Mukul Bhati who is the chief technology officer of the venture. Anyone visiting a property can also share their feedback by scanning the QR code via the FastFox app and get discounts. If they are ready to close, FastFox helps them with the paperwork. Customers can use the FastFox App to visit all options themselves. Its Open House framework unlocks the chosen houses for their visit during designated hours. Based on these 108 data points for each house, and customer profile, FastFox’s algorithm throws out the best options for customer. Its recommendation engine suggests the most appropriate properties to each customer by analysing 108 diverse data points and leveraging sophisticated technologies. Gurgaon-based rental start-up is trying to change this with dollops of artificial intelligence. And while it is certainly easier to browse through the many rental portals, the huge number of listings with minimal information leave the potential tenant even more confused. While there are countless brokers at every street corner, they don’t inspire much confidence with their somewhat unprofessional approach. It isn’t easy finding a house to rent in any of the metros in India, much less in the other big crowded cities that attract thousands of young professionals every year.
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