Square Yards Secures $35M, $900M Valuation; Targets Unicorn & IPO

Startup
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CNBC TV18•06-12-2025, 00:08
Square Yards Secures $35M, $900M Valuation; Targets Unicorn & IPO
- •Square Yards raised $35 million, reaching a $900 million valuation and nearing unicorn status.
- •The real estate platform is in talks for an additional $100 million fundraise, potentially pushing its valuation past $1 billion.
- •Square Yards offers integrated services including brokerage, home loans, rentals, interiors, and property management.
- •The company handles ₹16,000 crore in real estate annually and originates ₹10,000 crore in loans monthly.
- •A planned IPO is targeted for 2026, aiming for a ₹2,000 crore public listing.
Why It Matters: This signals a significant player's rise in India's real estate tech market.
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