In a private equity round held recently, Square Yards received huge market valuation by many potential investors. Consequently, the proptech giant raised $20-million in equity capital from well-known names like Times Group, Genkai Capital, PropertyGuru founders Steve Melhuish & Jani Rautiainen, and former chairman of Singtel & DBS, Koh Boon Hwee. The round also attracted some existing investors who have been part of the Square Yards rise to becoming India’s Largest Real Estate Brokerage!
Tanuj Shori, Founder & CEO, Square Yards said, “Having Times Group as one of our strategic investors will help us establish our brand as the first port of call for the real-estate related needs of every Indian household.”
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Published by: TOI & Economic Times (ET Realty)
Date: 19 Sept 2019