VC Fund Investments

Proptech startup Marrfa raises funding from Foundamental, Others

Inc42   Marrfa  

Mumbai- and Dubai-based proptech startup Marrfa has raised a pre-seed round led by Foundamental. Prashant Malik, general partner of US-based investment firm Tykhe Block Ventures, also participated in the round as an angel investor. The new capital will be used for expansion across the UAE, Singapore, and Europe, tech innovation, and to hire talent across the geographies the startup operates in.Founded by former Fashinza cofounder Jamil Ahmad, Marrfa is a managed real estate marketplace that aims to democratise access to high-yield real estate investment opportunities worldwide.

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