About PropCoin
PropCoin is a company based in Gurugram (India) founded in 2021 by Amit Kataria.. PropCoin has raised $346.04 thousand across 1 funding round from investors including LetsVenture, AngelBay and Cigati Technologies. The company has 1 employees as of March 22, 2024. PropCoin operates in a competitive market with competitors including hBits, Bhive Alts, WiseX, MYRE Capital and Winvest, among others.
- Headquarter Gurugram, India
- Employees 1 as on 22 Mar, 2024
- Founders Amit Kataria
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Asset Growth Technology Private Limited
- Date of Incorporation 18 Aug, 2021
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$1.26 K (USD)0as on Mar 31, 2022
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Net Profit
$-42.58 K (USD)0as on Mar 31, 2022
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EBITDA
$-43.67 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$346.04 K (USD)
in 1 rounds
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Latest Funding Round
$346.04 K (USD), Seed
Oct 20, 2021
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Investors
LetsVenture
& 6 more
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Employee Count
1
as on Mar 22, 2024
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Funding Insights of PropCoin
PropCoin has successfully raised a total of $346.04K through 1 strategic funding round. The most recent funding activity was a Seed round of $346.04 thousand completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $346,042
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First Round
First Round
(20 Oct 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - PropCoin | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PropCoin
PropCoin has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include LetsVenture, AngelBay and Cigati Technologies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel network focused on multiple sectors
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Founded Year | Domain | Location | |
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Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
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Founded Year | Domain | Location | |
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Technology solutions are provided by Cigati Technologies in Delhi.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PropCoin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PropCoin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Propcoin Comparisons
Competitors of PropCoin
PropCoin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as hBits, Bhive Alts, WiseX, MYRE Capital and Winvest, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fractional ownership of commercial real estate is enabled online.
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| domain | founded_year | HQ Location |
Alternative investment platform for commercial real estate investments
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| domain | founded_year | HQ Location |
An alternative investments platform for commercial real estate opportunities.
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| domain | founded_year | HQ Location |
Fractional investment platform for real estate investors
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| domain | founded_year | HQ Location |
Online real estate co-investment platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PropCoin
When was PropCoin founded?
PropCoin was founded in 2021.
Where is PropCoin located?
PropCoin is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is PropCoin a funded company?
PropCoin is a funded company, having raised a total of $346.04K across 1 funding round to date. The company's 1st funding round was a Seed of $346.04K, raised on Oct 20, 2021.
How many employees does PropCoin have?
As of Mar 22, 2024, the latest employee count at PropCoin is 1.
What is the annual revenue of PropCoin?
Annual revenue of PropCoin is $1.26K as on Mar 31, 2022.
What does PropCoin do?
PropCoin was established in 2021 in Gurugram, India, as a technology-enabled platform in the real estate sector. Fractional investments in institutional assets are enabled for individuals, with barriers to entry reduced through streamlined processes. Detailed due diligence is conducted using real data, alongside options for diversification from equities and low correlation to stock market fluctuations. Operations focus on accessible investment opportunities within the Indian market.
Who are the top competitors of PropCoin?
PropCoin's top competitors include hBits, Bhive Alts and Winvest.
Who are PropCoin's investors?
PropCoin has 7 investors. Key investors include LetsVenture, AngelBay, Cigati Technologies, Rayosol, and Asish Mohapatra.
What is PropCoin's valuation?
The valuation of PropCoin is $3.08M as of Oct 2021.