Deal Details
Deal Type
Equity (Fundraise)
Industry
Real Estate
Deal Status
Active
Deal Description
Next Generation PropTech looking for funding of ?2 Crores.
Frustrated home buyer rightly said - “Walked 25k steps, met 4 agents, answered random phone calls, saw 17 properties physically,
took 2 months to own my dream house, and am still getting phone calls!!”
Propacy aims to reduce the discovery time by 50% resulting in better conversion.
With our product, we make the journey seamless, via personalized recommendation, virtual tours, handpicked inventories,
in-app call/messages, making it truly smart, secured, virtual.
Why is it the perfect time for PropTech in India ?
- 63% increase in traffic for propTech companies post covid
- 72% increase in new projects launch compared to last year
- Govt focus on digitization and transparency (RERA)
- $1 trillion market by 2030