VC Fund Investments
Proptech co Settlin raises $1-M from Powerhouse Ventures, GSF Fund, others
Bengaluru-based proptech startup Settlin has raised USD 1 million in pre-Series A round from Powerhouse Ventures, GSF Fund, Murugavel Janakiraman, Dinesh Agrawal and others. Settlin plans to use the new funds for expansion within Bengaluru. Settlin provides doorstep execution of residential property resale transactions. The company is currently facilitating over 5,000 prospective buyers to perform 1,200 property inspections every month.
From the Venture Intelligence PE-VC Deal Database: Between Jul-2018 and Feb-2021, Settlin had received incubation/acceleration support from Axilor Ventures and attracted angel investments from ah! Ventures and GSF, worth about INR 12 Cr.
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