Proptech startup Square Yards turns profitable with a revenue of Rs 220 Cr in FY19 by

Square Yards turns profitable

We turned profitable in Fy 2018-19. Here’s what has to say about our growth story

“Gurugram-based proptech startup Square Yards announced that it has clocked a revenue of Rs 220 crore ($32 million), with 11,500 transactions for the financial year ending March 31, 2019 (FY19)”.

The startup said that revenue from its real estate business grew by over 50 percent year on year and the company turned profitable at EBITDA level for the last quarter. With a Gross Transaction Value (GTV) of almost Rs 5,000 crore ($725 million), the company is about to become one of the few startups in India with a GTV of $1 billion.

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Date: 06/05/2019

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