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Founded in 2021 by Abhilash Narahari (IIT Kharagpur alum) and Pritam Thakur (IIT Kanpur alum), transactional real estate platform Ivy Homes uses a machine learning-based pricing algorithm to forecast the fair market value of a property based on over 50 parameters. The proptech startup intends to address the lack of transparency in the real estate business when it comes to property purchasing and selling. It also wants to become the go-to option for selling homes that offer fair market value for a property while enhancing the overall customer experience.