Majority shares of the Endeksa were purchased by iLab

It is a platform that offers real estate value and location data analysis for all Turkey and is a leader in the field with automated value estimation model Endeksa majority shares, a group of internet companies that make early-stage investments in digital startups that are growing in the Turkish market iLab purchased by.

Underlining that the Endeksa has grown at least 2.5 times every year since its inception Görkem Ögüt, Co-Founder and General Manager of Endeksa.com“One of the most important reasons for this is that Endeksa has designed its solutions and services using the most advanced technologies such as machine learning and artificial intelligence. Endeksa combines the data it produces with experts working in the field with data from different sources and using machine learning methods to create real estate value and location data for all Turkey. With the analyses and reports we present, we bring both real estate professionals and individual users to the fastest results in real estate transactions. We are proud, excited and happy to be able to carry our growth goals further with the value that ILAB, whose focus is on internet and technology, will add to us. We will all sign a lot of innovations together,” he said.

ILAB Group Strategy & Business Development Director Ozan Öztürk “iLab has played a leading role in the digitalization of Turkey with its strategic investments since 2000. One of the important criteria we look for in our investments is that they are based on original and different-making ideas. Another issue is that they have an analytical thinking structure and competence in advanced technologies. The latest example is the Endeksa, which offers a unique technology and business model. As of today, we are delighted to have added Endeksa to our group, which we believe will provide added value to the services offered by EmlakJet, one of our group companies, which is the leading platform in the real estate vertical. With this collaboration we have further strengthened our portfolio in the real estate vertical.

Cenk Bayrakdar, Founder of Revo Capital “We believe in the importance of the real estate sector in Turkey and the value of technology solutions that accelerate the digitalization of this sector. With this perspective, we have done to the Endeksa, which facilitates decision-making processes by bringing data and transparency and reliable information to the real estate sector. We witnessed the impact and success of Endeksa on the sector with its real estate valuation and location analysis solutions provided to real estate consultants and corporate companies with increasing number of members and growth figures during this time. We are confident that the data and analytics capabilities of the Endeksa, along with iLab's experience and leading position, will create significant value for the sector.”

Serving all individuals and institutions that need real estate value and location analysis and implemented in 2017 Endeksa serves individual real estate investors, thousands of real estate consultants and developer firms, as well as many corporate firms and public entities. The Endeksa offers its users “Electronic Valuation Report” by allowing the selection of the most suitable location and automatic real estate value calculation all over Turkey.