$1.5 million in funding raised by Proptech startup Jugyah from White Venture Capital, QED Investors, and others 😊

Crypto-Friendly Real Estate Brokerage Platform Raises $1.5 Million in Funding

If you’re interested in the intersection of real estate and technology, you’ll want to learn about Jugyah, a real estate brokerage platform that recently secured $1.5 million in funding. Founded in 2023 by Arshad Balwa and Ansuman Mohanty, Jugyah aims to revolutionize the way property buyers and tenants connect with sellers and landlords. With a focus on streamlining the entire home sale and rental process, Jugyah offers innovative solutions to common real estate challenges.

Expanding Reach and Market Share

With the fresh injection of funds, Jugyah, based in Mumbai, plans to expand its presence within the Mumbai Metropolitan Region and increase its market share. The funding round was led by White Venture Capital, QED Investors, and Godrej Properties, with participation from Whiteboard Capital, Singularity Ventures, and prominent angel investors.

Jugyah received $1.5 million in funding to expand its operations.
The funding round was led by White Venture Capital, QED Investors, and Godrej Properties.
Jugyah plans to focus on growth within the Mumbai Metropolitan Region.

Revolutionizing the Real Estate Industry

Jugyah’s mission is to transform the traditional real estate brokerage model by integrating technology and innovative solutions. The platform offers a range of services, including mortgage origination, credit assessments, and legal assistance, to provide a seamless experience for users. By combining digital platforms with physical experience centers, Jugyah aims to create a standardized and affordable method for finding a home.

Jugyah aims to revolutionize the real estate industry by integrating technology and innovative solutions.
The platform offers services such as mortgage origination, credit assessments, and legal assistance.
Jugyah provides a seamless experience for users through a combination of digital platforms and physical experience centers.

Growth and Market Potential

Jugyah has already established offline experience centers in South Mumbai and Navi Mumbai to provide assistance to buyers, sellers, tenants, and landlords. The company is experiencing rapid growth, with a month-over-month growth rate of over 50% and aims to achieve cash-flow positivity by the end of the year. Additionally, Jugyah projects significant market potential, with the long-term rental and resale market in India estimated to reach $300 billion by 2026.

Jugyah has established offline experience centers to assist users in South Mumbai and Navi Mumbai.
The company is growing at a rate of over 50% month-over-month.
The long-term rental and resale market in India is projected to reach $300 billion by 2026.

Hot Take: Promising Future Ahead for Jugyah

As Jugyah continues to disrupt the real estate industry with its innovative approach, the company is well-positioned for future success. With a strong investor backing and a clear vision for growth and expansion, Jugyah is poised to make a significant impact on the real estate market in India. Keep an eye on Jugyah as it charts its path to success in the coming years.