Stanza Living raises $13 Mn. led by Alpha Wave

Stanza Living raised Rs 110 Cr. in a bridge round led by Alpha Wave, valuing it at Rs 3,900 Cr. with significant revenue growth despite rising losses.

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Infra Market raises $50 Mn. from Mars Unicorn Fund

Infra Market raised $50 Mn. from MARS Unicorn Fund, totalling $100 Mn. in investments, and is valued at $2.5 billion. It targets the $140 billion construction materials market and operates in 16 Indian states and internationally.

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PropTech investment reaches $4.6 Billion since last decade

PropTech firms attracted $4.6 billion since FY 2011, with $657 Mn. in FY 2024, slightly down from $683 Mn. in FY 2023. Shared economy and construction tech led investments.

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Oyo approaches family offices for its down round

Oyo is raising $80-90 Mn. from family offices via InCred at a $2.3 billion valuation to repay debt and grow. It closed FY24 with $700 Mn. in revenue and $110 Mn. adjusted EBITDA.

Embassy Group hospitality firm Olive clocks 76% revenue growth in FY24 to Rs 51 Cr.

Olive, a hospitality startup by Embassy Group, increased revenue by 76% to Rs 51 Cr. in FY 2023-24. At present, Olive has 55 co-living centres and hotel properties, signed and operational, in Bengaluru, Mumbai and Goa.

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Strata to apply for SM REITs license to broaden fractional ownership platform

Strata, India's top CRE investment platform, seeks an SM REITs license to target Rs 2000 Cr. AUM by FY25, leveraging SEBI's new FOP model to boost investor trust and democratize CRE investment.

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Chennai-based co-living startup Truliv on expansion spree, to foray into new marketsorm

Chennai-based Truliv plans to add 3,500 beds in FY 2024-25 and expand to Hyderabad, Pune, and Bengaluru. It currently operates 3,000 beds and leases all properties.

Mumbai, Delhi NCR, and Bengaluru account for almost 70% of SM REIT-worthy assets across top seven cities

Over 328 Mn. sq. ft of office assets, valued at $48 billion, are SM REIT-worthy, with Mumbai, Delhi NCR, and Bengaluru leading, representing 73% of these assets in India's top seven cities.

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Navigating regulatory challenges and market barriers in scaling PropTech startups

PropTech ventures in India navigate complex regulations and high customer acquisition costs. Innovators like MagicBricks, 99acres, NoBroker, and Nestaway leverage fintech and tech-driven solutions to address these challenges.

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India will need to build 100 Mn. homes this decade amid rising household incomes

Indian home builders need to construct 100 Mn. new units this decade due to surging demand from rising incomes. Macrotech Developers achieved record sales in 2023 and plans expansion in Bengaluru and Pune to meet demand.