Square Yards is a technology company.
Square Yards has raised $20.0M across 1 funding round.
Square Yards has raised $20.0M in total across 1 funding round.
Square Yards is a technology-driven proptech company that operates India's largest integrated platform for real estate and mortgages, offering end-to-end services from property search and transactions to home loans, interiors, rentals, property management, and legal support.[1][2][4][5] It serves homebuyers, sellers, renters, and investors across residential and commercial segments, solving fragmented real estate processes through data analytics, AI, VR tools, and digital transaction capabilities, while handling over $1.5 billion in annual property sales and achieving profitability with ~$82 million annualized revenue and ~$2.8-7 billion GTV.[1][2][4][5] The platform spans 100+ cities in 9 countries, including rapid growth in UAE, Middle East, Australia, and Canada, positioning it as an asset-light leader in the global proptech space.[1][2][4]
Founded in 2014 (with some sources noting 2013) in Gurgaon, India, by founders including the Shoris and cofounders, Square Yards emerged to tackle proptech hurdles like inefficient transactions and fragmented services in India's booming real estate market.[1][3][4] The idea stemmed from urbanisation trends and rising disposable incomes, leading to a full-stack platform that started with core brokerage for primary and resale properties, monetized via 5%+ fees on $1.5 billion+ annual sales.[1][2][4] Early traction came from in-house agents, tech enhancements like automated valuations and real-time inventory, and expansions into adjacent services; pivotal moments include the 2020 acquisition of Fitrr Technologies to launch Azuro (rental/property management), 2021 interiors launch, and global scaling to 20+ cities, marking it as one of few profitable Indian consumer tech startups.[1][2][4]
Square Yards rides the proptech wave fueled by urbanisation, rising incomes, and digital adoption in real estate, particularly India's residential demand boom, where it acts as an asset-light proxy with massive traffic and GTV.[4][5] Timing aligns with post-pandemic shifts to virtual tools and global expansion needs, amplified by market forces like developer partnerships, financial collaborations, and regulatory tailwinds for tech in transactions.[1][2] It influences the ecosystem by pioneering India's first MLS, standardizing services (e.g., largest property management), and exporting proptech success abroad, while subsidiaries like PropsAMC advance data-driven asset management for 100+ clients.[2][4]
Square Yards is poised for dominance as a tech-forward real estate powerhouse, expanding into secondary transactions, immersive digital twins for city-scale VR experiences, and deeper financial/portfolio services across its 9-country footprint.[1][5] Trends like AI personalization, blockchain for transactions, and sustained urban growth will propel it, potentially elevating its influence from regional leader to global proptech benchmark—building on its profitable scale to redefine integrated real estate platforms worldwide.[1][2][5]
Square Yards has raised $20.0M in total across 1 funding round.
Square Yards's investors include True Global Ventures.
Square Yards has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Venture Round in September 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2019 | $20.0M Venture Round | True Global Ventures |