Online real estate brokerage platform Square Yards has raised $20 million of equity capital from Bennett Coleman & Co Limited (BCCL), Genkai Capital, Steve Melhuish, and Jani Rautiainen, among others. Few existing investors also participated. The company would deploy these funds to build a go-to consumer brand and expand to newer geographies.
The Gurugram-based company, which is a technology-led real estate brokerage and mortgage marketplace, is expected to be valued in between $260 million – $300 million after the fresh capital raised. (Source)
