Square Yards bags $10 million in debt-part equity round

“The idea is to have working capital for a 12-15 month period to support our growth rate,“ Tanuj Shori, CEO of Square Yards, told ET. The company claims it is already EBITDA positive & profitable. “The challenge for Square Yards is the manpower-intensive nature of real estate brokerage. But I am very impres sed by their approach to residential realty brokerage,“ said Amit Lohia, director at Lohia Group.


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