Square Yards raises $35M at $900M valuation, eyes $1B Unicorn goal

• Square Yards, a real estate technology firm, raised USD 35 million from investors, including Smile Gate.
• The funding round valued the company at USD 900 million.
• The Gurugram-based company specializes in property brokerage and home loans.
• Square Yards reported Rs 1,410 crore revenue last fiscal and targets Rs 2,000 crore this fiscal.
• The company aims to raise an additional USD 100 million to achieve Unicorn status with a valuation over USD 1 billion.

Why It Matters: This signals significant growth and investment in the real estate tech market.