Private Equity

PE-VC Fund Investments

Proptech company Square Yards raises Rs.900-Cr at unicorn valuation

Inc42   Square Yards   Square Yards  

Gurugram-based proptech firm Square Yards has raised INR 900 crore in a round consisting of both equity and debt components. The investment was led by EAAA Alternatives, with participation from global corporate credit manager Muzinich & Co.Founded in 2014, Square Yards operates a platform for property listing and discovery. It intends to deploy the new capital to expand its presence across its existing markets, which include India, the UAE, Australia, and Canada, while also strengthening its technological infrastructure.

Between Nov 2016 and Nov 2025, Square Yards had attracted about $92 M from Kae Capital, Reliance Capital, Genkai Capital, ADM Capital, Smilegate Investments, Others.For FY25, Square Yards had reported about INR 65 Cr in Operating Income and about INR 16 Cr in Net Loss.