Square Yards raises USD 10 million from multiple investors; to accelerate expansion into international geographiesSubmitted by Ashok Rawat on Thu, 01/12/2017 - 16:57
New Delhi [India], Jan 12 : India's largest online to offline (O2O) real estate player Square Yards on Thursday announced raised of USD 10 million investment in the form of convertible notes from multiple individual investors primarily based outside India.
Combined with the recently announced USD 12 million equity funding from the private equity arm of Anil Ambani led Reliance Group, the new investment takes the total amount of funds raised by the company to approximately USD 33 million since its inception in 2013.
New Delhi [India], Nov 9 : India's largest online to offline (O2O) real estate transaction player Square Yards has raised USD 12 million investment from the Private Equity arm of Anil Ambani led Reliance Group.
This is Square Yards' first institutional investment after it had raised USD 11 million from a clutch of HNW investors last year.
Founded in 2013, Square Yards is the largest distributor for primary residential real estate in India, and it enjoys a leadership position in the Non Resident Indian (NRI) markets.
New Delhi [India], Nov 8 : Global real estate transaction platform, Square Yards has announced opening of new offices in Toronto and Vancouver in Canada.
The company has expanded its presence in 12 international cities including London, Dubai, Sydney, Abu Dhabi, Singapore, Doha, Hong Kong, Muscat and Sharjah.
Square Yards' ground presence in the Canadian market would help it tap better into the country and serve the local demand effectively. The Canada offices will also serve as a gateway to the US markets.