The Indian Wire » Startups » Proptech startup Zaasna bags Rs 2 cr in seed funding
Startups

Proptech startup Zaasna bags Rs 2 cr in seed funding

crowdfunding

Zaasna, a Bengaluru-based prop-tech startup, has raised worth Rs 2 crore in a seed round of funding from global investors in Singapore, Middle East and the US. The innovative platform will use the infused capital to strengthen its tech platform in order to provide enhanced services to its consumers and grow its team.

Zaasna, started in 2018, was founded by Arvinf Kadam and Amit Tyagi. It offers an end-to-end transaction platform for home buyers where they can search for all listed properties, schedule site visits, make payments online, digitally sign documents, and can apply for a home loan on the platform itself.

“Today’s India is looking towards online services for convenience and safety and we aim to provide just that while they want to buy a piece of real estate,” stated Arvind Kadam, co-founder and CEO at Zaasna.

The startup had recently partnered with Switchme and NestAway, to increase its bouquet of services to home buyers.

“India’s real estate industry had been sorely lacking in the transparency and ease of process that Zaasna delivers. Its implementation of technology has reached the pinnacle of real estate research and purchase. Transforming a previously cumbersome process of buying property into a virtually painless one is just what we need, ” one of the investors of Zaasna, told yourstory.

Earlier this month, a Gurugram-based proptech startup Square Yards announced that it had clocked a revenue of Rs 220 crore ($32 million), with 11,500 transactions for the financial year FY19.

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