Propsoch Raises $2 Mn in Seed Round led by Athera Venture Partners

According to the company, the fresh funds will be used to improve its research and advisory services, strengthen its team by hiring more employees, and expand its presence into new markets.

“This funding round helps us deepen our roots in our home market while we expand our footprint into Mumbai,” cofounder and CEO Ashish Acharya said.

“After successfully advising 1,500+ families in Bengaluru, we are now scaling our ability to service 10,000+ homebuyers this year,” Acharya added.

Founded in 2022 by Acharya and Ravi Agrawal, Propsoch helps homebuyers at every stage of the home-buying process, from finding and shortlisting properties to securing the best possible deal. The platform uses a combination of AI-powered research and expert analysis to help customers make informed decisions.

The company evaluates properties using more than 80 factors, including builder reputation, construction quality, project performance, and future growth potential. So far, Propsoch has analyzed over 500 projects in Bengaluru and partnered with more than 210 builders.

Before raising its latest seed funding, Propsoch secured $600,000 in pre-seed funding from the family offices of the Godrej Group and Vakil Group. As the proptech industry continues to grow and more buyers look for smarter ways to purchase homes, platforms like Propsoch are becoming increasingly popular.

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