
About PropCoin
PropCoin is a Technology company based in Gurugram (India) founded in 2021 by Amit Kataria. Fractional real estate investments are facilitated for individual users. PropCoin has raised $346.04 thousand across 1 funding round from investors including LetsVenture, AngelBay and Cigati Technologies. The company has 1 employees. PropCoin was last valued at $3.08 million in October 2021. Its Indian entity Asset Growth Technology Private Limited reported revenue of βΉ1 Lakh. Its focus areas include FinTech, Investment Tech, Alternative Investment Platforms and Real Estate. Its competitors include hBits, Bhive Alts and WiseX; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 1
- Founders Amit Kataria
- Stage Minicorn
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website propcoin.in
- Social LinkedIn Facebook
- Legal Name Asset Growth Technology Private Limited
- Date of Incorporation 18 Aug, 2021
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹1 Lakh
FY 2022
- Net Loss-₹35.2 Lakh
FY 2022 · -3385% margin
- EBITDA-₹36.1 Lakh
FY 2022 · -3471% margin
- Total Equity Funding$346.04K (USD)
in 1 rounds
- Latest Funding Round$346.04K (USD), Seed
Oct 2021
- InvestorsLetsVenture
& 6 more
- Employee Count1
Associated legal entities of PropCoin
PropCoin operates through Asset Growth Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asset Growth Technology Private Limited CIN U70103HR2021PTC097083 | Active | 18 Aug 2021 | Gurgaon, Haryana | ₹0.0 Cr | 2 | View details |
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 $346,042
- Total Rounds 1
- Last Round Seed β $346,042
- First Round $346,042
(Oct 2021)
- Investors Count 7
All 1 funding rounds of PropCoin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $346,042 | Seed | $3.08M | β |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2021 | $3.08M | β’β’β’β’β’β’β’β’ |
Last known valuation $3.08M (Oct 2021). 7 investors in total: 5 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network focused on multiple sectors | 2020 | angelbay.in | Gurugram, India | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Technology solutions are provided by Cigati Technologies in Delhi. | Delhi, India | |||
Limited details on Rayosol's core activities are provided. | Delhi, India | |||
AM Asish Mohapatra | unknown_c1908af3b9104dceb | |||
NG Nitin Gupta | Founder & CEO of Uni Cards, ex-PayU, active angel investor | unknown_f60a2df75f0e4b8aa |
Investor details for PropCoin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Asset Growth Technology Private Limited (PropCoin)
Asset Growth Technology Private Limited is the primary company behind PropCoin. The board of Asset Growth Technology Private Limited currently have 2 directors; the longest-serving is Amit Kataria, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Kataria DIN 08732517 | Director | 18 Aug 2021 | 5 yrs 2 mo | Asset Growth Technology Private Limited |
| Gaurav Balhara DIN 05102590 | Director | 18 Aug 2021 | 5 yrs 2 mo | Asset Growth Technology Private Limited |
People of PropCoin
1 people are tracked at PropCoin (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for PropCoin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of PropCoin
Figures of Asset Growth Technology Private Limited, the primary company behind PropCoin, for FY 2022. Revenue was ₹1 Lakh. Net loss was -₹35.2 Lakh (-3385% margin). EBITDA was -₹36.1 Lakh (-3471% margin).
- ₹1 LakhRevenue · FY 2022
- -₹35.2 LakhNet loss · -3385% margin
- -₹36.1 LakhEBITDA · -3471% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Asset Growth Technology Private Limited are on its company page.
Detailed financial statements for PropCoin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of PropCoin
3 dated milestones of PropCoin, from founding to its latest funding, stage changes and deals.
- Founded PropCoin is founded.
- Funding First funding round of $346K.
- Milestone Reaches Minicorn status.
Competitors of PropCoin
PropCoin has 3 listed competitors in our database, 2 of them funded. They include hBits, Bhive Alts and WiseX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hbits.co | 2018 | Mumbai, India | $8.38M | Fractional ownership of commercial real estate is enabled online. | ||
| bhivealts.com | 2020 | Bengaluru, India | $182,917 | 315 | Alternative investment platform for commercial real estate investments | |
| aurumwisex.com | 2020 | Navi Mumbai, India | 29 | An alternative investments platform for commercial real estate opportunities. |
Detailed competitors of PropCoin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as PropCoin (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 549.14 M | 3,823 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Frequently Asked Questions about PropCoin
PropCoin was founded in 2021.
PropCoin is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
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 2021.
PropCoin has 1 employees.
The primary company behind PropCoin, Asset Growth Technology Private Limited, reported revenue of βΉ1 Lakh for FY 2022.
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.
PropCoin's top competitors include hBits, Bhive Alts and WiseX.
PropCoin has 7 investors. Key investors include LetsVenture, AngelBay, Cigati Technologies, Rayosol, and Asish Mohapatra.
The valuation of PropCoin is $3.08M as of Oct 2021.
PropCoin operates through Asset Growth Technology Private Limited.
The legal entities of PropCoin currently have 2 directors, including Amit Kataria, Gaurav Balhara.