Deal Type
Industry
Deal Status
A private limited company that provides a Commercial Real Estate (CRE) investment platform catering to aspirational Indian investors with a vision to democratize the ecosystem and become the go-to CRE investment firm for retail, HNIs, and corporate investors.
a. Vintage: 2014-Present
b. Business Model: B2B
c. Stage: Growth Stage
Amount of funds required and financing option preferred:
They are planning to raise 100 Cr and the structured debt will be backed by Land & Building.
Competitors & USP:
a. Competitors: WeWork, Awfis, 91 Springboard, CoWrks, Regus, Innov8
b. USP: Largest coworking in Bengaluru with 21 Centers and 35,000 Seat offering
Revenue Model:
Have an MRR of ₹ 4 Cr and ARR of ₹ 50 Cr, which is projected to jump to an ARR of ₹ 100 Cr by Aug 2023
Traction:
a. Rs 100+ Cr AUM (Asset under Management)
b. 20,000+ investors on the platform
c. 600+ Active investments
Consumption plan:
To acquire new properties in order to expand their footprints in new geographies.
No Files Attached