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Top 10 VC’s Of Proptech In India

A whopping $242 million was invested in Indian PropTech startups from FY 2016 to FY 2018. The country’s PropTech funding grew from $3.4 million in 2018 to $56.8 million in 2019.

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India is a budding haven for technology.

The country’s real estate industry has for decades been using traditional methods for constructing, buying, selling or renting properties. As per a study by NAREDCO and Asia Pacific Real Estate Association (APREA), the value of Indian realty might shoot up to $1 trillion by 2030. The phenomenon of PropTech will play a pivotal role in realising this figure.

What is PropTech? 

PropTech is technological ideas which disrupt the realty industry and digitise its way of functioning in all its aspects. PropTech uses technologies like IoT, AI, VR, big data, blockchain and cloud. It acts as a catalyst for better competition in the industry. It also plays a pivotal role in easing the access of information about products and markets. 

A whopping $242 million was invested in Indian PropTech startups from FY 2016 to FY 2018. The country’s PropTech funding grew from $3.4 million in 2018 to $56.8 million in 2019. Are you planning to launch a startup or looking for funding for your idea? 

RealtyNXT presents the top 10 VCs for Indian PropTechs.

Name of VC: Softbank Group

This Japanese firm’s Vision Fund is the world’s largest technology-focused venture capital fund, with over $100 billion in capital. The company is one of the most prestigious VC firms across the globe.  

Founding Year: 1981

Website: https://www.softbank.jp/en/

Startups invested: Housing.com, OYO, PropTiger

Name of VC: Matrix Partners India

This VC firm is headquartered in the US. It invests in seed and early-stage companies. Matrix Partners India’s top priorities for funding a startup are the quality, passion and commitment of its core team.

Founding Year: 2006

Website: https://www.matrixpartners.in/

Startups invested: Elemential, Stanza Living

 Name of VC: Blume Ventures

Blume Ventures backs transformational ventures and passionate founders across 3 funds. They have invested in and helped build over a 100 startups.  

Founding Year: 2010

Website: https://blume.vc/

Startups invested: Fastfox, Bhive, Squad

 Name of VC: Venture Highway  

Venture Highway teams up with the next generation of entrepreneurs by providing guidance and capital to early stage ideas. The company believes in investing their precious time and money only in startups with out-of-the-box offerings.

Founding Year: 2015

Website: http://venturehighway.vc/

Startups invested: BuildSupply, City Furnish

Name of VC: SAIF Partners

An early stage fund, it has backed prominent startups at the seed, series A and series B stage that have an India-First innovation, and an India-First approach towards building a solution.

Founding Year: 2011

Website: http://www.saifpartners.com/

Startups invested: Strata, No Broker

 Name of VC: Better Capital

This early-stage venture capital firm has invested in only one PropTech company as of now, but going by its track record of funding innovative technology, it won’t be surprising if they back more in the near future. The company is a microVC which focuses on Indian brands. It funds pre-seed, seed, and pre-series A stages and on India-for-India and India-for-World companies. 

Founding Year: 2018

Website: https://www.bettercapital.vc/

Startups invested: Renewate

Name of VC: Genkai Capital

This Japanese VC company’s goal is to execute world-class research, due diligence, underwriting and investment methods so that it is able to have risk adjusted return yielding investment opportunities globally. It has a special interest in investing in Indian PropTech companies and has been working in alliance with many local Indians to better understand the market and seek PropTech startups.

Founding year: 2006

Website: http://www.genkaicapital.com/

Startups invested: Square Yards

Name of VC: Astarc Ventures

This early stage VC firm collaborates with startups with the idea that they ace in the market. Its two plans for investing revolve around Strategic Themes that have to be insync with the company’s core values and Sector Agnostic Themes which focus on the most distinctive business ideas along with the latest tech offering.

Founding Year: 2015

Website: https://astarcventures.com/

Startups invested: Foyr, Home Capital

Name of VC: Stride Ventures

This VC firm funds growth stage startups (Pre-Series A, Series A and Series B) with existing operational cash flows and the proof of concept.

Founding Year: 2019

Website: https://strideventures.in/

Startups invested: HomeLane

 Name of VC: Epiq Capital Advisors

Epiq Capital is well-known to be a VC which invests in the rise and advanced stage of technologies. The company ensures its funding is present not just at the early seed stages but right through the growth and establishment of the startups. 

Founding Year: 2016

Website: http://www.epiqcapital.com/

Startups invested: NestAway

 According to Anshuman Magazine, Chairman & CEO India, South East Asia, Middle East, and Africa at CBRE the years 2013-2018 saw 7,000+ start-ups in India. Experts believe that the Indian PropTech industry is expected to grow by 12-15% on a yearly basis. With a plethora of VCs funding PropTech companies in India, the future of such ventures indeed looks bright.

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