Singapore's Foyr is a business-to-business proptech startup, with a development center in Hyderabad, that focuses on proprietary visualization that combines next-generation visualization technology and Artificial Intelligence (AI). Having worked with 80 leading property developers, now works with over 150 architects and interior design firms in India and Singapore.
Using virtual reality and 3D visualization technology Foyr transforms a basic space into a dynamic, vibrant environment. “Today, the interior design industry is devoid of any easy to use tools for designing. There isn’t a single solution available in the market that the interior designer herself can use to create realistic designs. There’s another market for homeowners that want to do designs themselves. We started off by creating a platform for DIY customers where they could visualize your choices and understand the associated cost, and get the project executed at a single click of a button,” says Shailesh Goswami, Founder and CEO of Foyr, adding that they quickly realized that the visualization problem was consistent across the real estate industry and built easy to use tools for interior designers, developers, and real estate agents.
It has been an eventful journey for Goswami and his team. Foyr built one of its kind online interior design solution in 2015. “We signed up JLL as our investor and strategic customer in 2016. Together we’ve developed the world’s largest 3D portfolio of 3 million sq ft. Then, we opened shop in Singapore in 2017 with our first product to IDs, which changes the way they present designers to customers. We have 1000+ designers on our platform,” states Goswami, sharing that Foyr is rated as only Indian company in the top 20 innovator companies in prop-tech.
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