PropTiger.com

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PropTiger.com - overview

Established

2011

Location

Gurgaon, Haryana, India

Primary Industry

Internet

About

Founded in 2011, PropTiger. com is a prominent digital real estate advisory platform in India that assists homebuyers in navigating the residential property market with a range of tailored services. PropTiger. com operates as a digital real estate advisory service, helping clients with property transactions in India.


The company was founded in 2011 in Gurgaon, India, by Dhruv Agarwala and Kartik Varma. Under the leadership of CEO Dhruv Agarwala, PropTiger. com has raised a total of USD 37 mn in funding, with the latest round occurring on November 24, 2014, led by News Corporation and supported by investors including Accel and Elevation Capital. The firm has successfully executed 2 deals to date, achieving a current valuation of USD 120 mn.


PropTiger. com provides an extensive digital platform for real estate advisory in India, featuring a large database of verified property listings from over 500 trusted developers. Services include guided site visits, legal advice, documentation assistance, and home loan facilitation through major banks. The platform caters to a diverse clientele, including first-time buyers and investors, across key cities such as Mumbai, Bangalore, Delhi, and Chennai, aiming to simplify the home buying process and ensure transparency.


PropTiger. com generates revenue primarily through property advisory services, which include B2C transactions with homebuyers. The revenue model is centered around facilitating successful property transactions, offering services such as access to real estate listings, site visits, and legal support. Additionally, the platform partners with financial institutions for home loan facilitation, ensuring an enhanced user experience throughout the purchasing process.


In November 2014, PropTiger. com secured USD 37 mn in venture funding, with plans to utilize these resources for developing new products and expanding into additional markets. The company is focused on enhancing its service offerings and may look into entering new geographic regions. This funding will support initiatives aimed at improving user experience and broadening its market presence.


Current Investors

Accel, Elevation Capital, Horizon Founders Capital

Primary Industry

Internet

Sub Industries

Search Engines, Analytics & Performance Software

Website

www.proptiger.com

Verticals

Real Estate Tech

Company Stage

Unspecified Round

Total Amount Raised

Subscriber access only

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