About Propsoch
Propsoch is a company based in Bengaluru (India) founded in 2022 by Ravi Agarwal and Ashish Acharya.. Propsoch has raised $617.98 thousand across 2 funding rounds from investors including Godrej Family Office, Vakil family office and Bhaskar Bhat. The company has 1 employees as of April 06, 2024. Propsoch offers products and services including Peace of Mind Report and Guided Home Buying. Propsoch operates in a competitive market with competitors including Redfin, QuintoAndar, Square Yards, Compass and PropTiger, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 06 Apr, 2024
- Founders Ravi Agarwal, Ashish Acharya
- Stage Minicorn
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Sectors
Real Estate & Construction
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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 Thinkr Proptech Private Limited
- Date of Incorporation 22 Mar, 2022
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$10.4 K (USD)0as on Mar 31, 2023
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Net Profit
$-36.26 K (USD)0as on Mar 31, 2023
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EBITDA
$-37.51 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$617.98 K (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Seed
Nov 07, 2024
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Investors
Godrej Family Office
& 12 more
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Employee Count
1
as on Apr 06, 2024
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Products & Services of Propsoch
Propsoch offers a comprehensive portfolio of products and services, including Peace of Mind Report and Guided Home Buying. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Detailed evaluation of property pros and cons for buyers.
Assists in searching, visiting, and deciding on properties.
Funding Insights of Propsoch
Propsoch has successfully raised a total of $617.98K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in November 2024. 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 2
- Last Round Seed — $500,000
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First Round
First Round
(09 Jun 2022)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - Propsoch | Valuation |
investors |
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| Jun, 2022 | Amount | Angel Round - Propsoch | Valuation | Bhaskar Bhat , Mohit Malhotra |
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| 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 Propsoch
Propsoch has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Godrej Family Office, Vakil family office and Bhaskar Bhat. 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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Multiple sector investments are managed by Godrej Family Office.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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BB
Bhaskar Bhat |
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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 Propsoch
| 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 - Propsoch
| 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 |
Propsoch Comparisons
Competitors of Propsoch
Propsoch 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 Redfin, QuintoAndar, Square Yards, Compass and PropTiger, 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 |
Residential properties are listed and brokered through an online platform.
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| domain | founded_year | HQ Location |
Rental properties are brokered online for seekers and owners.
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| domain | founded_year | HQ Location |
Technology platform for real estate transactions and mortgages is provided.
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| domain | founded_year | HQ Location |
Online brokerage for residential properties is facilitated via mobile apps.
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| domain | founded_year | HQ Location |
A platform for residential property buying is facilitated by PropTiger.
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| domain | founded_year | HQ Location |
App-based brokerage services for residential property sales are offered.
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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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Latest news on Propsoch
Frequently Asked Questions about Propsoch
When was Propsoch founded?
Propsoch was founded in 2022.
Where is Propsoch located?
Propsoch is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Propsoch?
Ashish Acharya is the current CEO of Propsoch. They have also founded this company.
Is Propsoch a funded company?
Propsoch is a funded company, having raised a total of $617.98K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $117.98K, raised on Jun 09, 2022.
How many employees does Propsoch have?
As of Apr 06, 2024, the latest employee count at Propsoch is 1.
What is the annual revenue of Propsoch?
Annual revenue of Propsoch is $10.4K as on Mar 31, 2023.
What does Propsoch do?
Propsoch was founded in 2022 and is based in Bengaluru, India. Operations focus on the residential real estate sector through an online platform. Home buyers are assisted in property purchases via tools for evaluation, insights, and comparisons. Information on neighborhoods and project details is also provided to users. The service supports informed decision-making in the Indian real estate market.
Who are the top competitors of Propsoch?
Propsoch's top competitors include Square Yards, QuintoAndar and Redfin.
What products or services does Propsoch offer?
Propsoch offers Peace of Mind Report and Guided Home Buying.
Who are Propsoch's investors?
Propsoch has 13 investors. Key investors include Godrej Family Office, Vakil family office, Bhaskar Bhat, Mohit Malhotra, and Lalit Makhijani.
What is Propsoch's valuation?
The valuation of Propsoch is $2.01M as of Jun 2022.