# Property Share Online Platform Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/property-share-online-platform-pvt

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.propertyshare.in
- Total disclosed funding: $44M
- Latest round: Series B (Jun 30, 2022)
- Investors on record: 6

## About

Property Share Online Platform Pvt. Ltd. is revolutionizing real estate investment by providing a platform for fractional ownership, enabling individual investors to access diversified portfolios through Small and Medium Real Estate Investment Trusts (SM REITs).Founded in 2015, Property Share Online Platform Pvt. Ltd. operates from Bangalore, India, specializing in fractional ownership of real estate. The company was co-founded by Hashim Khan, Kunal Moktan, and Sushant Jain, with Kunal Moktan currently serving as the CEO. The firm has achieved significant milestones, including raising INR 3,473.205 mn in Series B funding on June 30, 2022, led by WestBridge Capital Partners, along with participation from Konark Trust and Pravega Ventures. Property Share has completed 4 deals to date and has a current company valuation of INR 14,304.450 mn.Property Share focuses on institutional real estate investments, offering unique investment schemes that facilitate fractional ownership via SM REITs. The company manages real estate investment schemes that provide clients access to a diverse property portfolio across India, using innovative technology including virtual reality for property views and an app for performance insights driven by AI. While primarily serving the Indian market, Property Share also attracts overseas investors interested in India's growing real estate landscape.In the most recent fiscal year 2023, Property Share reported a revenue of INR 218,932.6 and an EBITDA of INR -1,135,431.7, reflecting its investment in building the business during its growth phase. The company's revenue is generated from managing its real estate investment schemes, where it invests a percentage of the capital into each property, aligning its interests with those of its investors.Following the successful Series B funding round in June 2022, Property Share plans to utilize the raised INR 3,473.2 mn to enhance its platform across various geographic regions and real estate asset classes. The company aims to expand its distribution channels and invest in technology and personnel to support these initiatives. Specific markets targeted for expansion have not been disclosed, but the focus remains on scaling operations significantly in the coming years.

## Funding rounds

- Series B, Jun 30, 2022, $44M — WestBridge Capital Partners, Pravega Ventures, Konark Trust
- Series B, Mar 28, 2017, $0.1M — BEENEXT, Pravega Ventures, Aizawa Asset Management
- Series A, Dec 7, 2016, $0.3M — BEENEXT, Vistra ITCL

## Investors

- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A, Series B
- Vistra ITCL — Series A
- Pravega Ventures (https://capitalatlas.ai/funds/pravega-ventures) — Series B
- Aizawa Asset Management (https://capitalatlas.ai/funds/aizawa-asset-management) — Series B
- WestBridge Capital Partners (https://capitalatlas.ai/funds/westbridge-capital-partners) — Series B
- Konark Trust — Series B
