{"id":882589,"date":"2026-01-02T02:25:26","date_gmt":"2026-01-02T08:25:26","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/02\/square-yards-nears-unicorn-status-with-35-million-fundraise-eyes-larger-100-million-round\/"},"modified":"2026-01-02T02:25:26","modified_gmt":"2026-01-02T08:25:26","slug":"square-yards-nears-unicorn-status-with-35-million-fundraise-eyes-larger-100-million-round","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/02\/square-yards-nears-unicorn-status-with-35-million-fundraise-eyes-larger-100-million-round\/","title":{"rendered":"Square Yards nears unicorn status with $35 million fundraise, eyes larger $100 million round"},"content":{"rendered":"
\n

Home<\/a><\/span>Business News<\/a><\/span>Startup News<\/a><\/span>Square Yards nears unicorn status with $35 million fundraise, eyes larger $100 million round<\/span><\/p>\n

\n

Square Yards, India\u2019s largest consumer home-buying platform, is set for rapid expansion after securing $35 million in funding. The company is eyeing a larger $100 million round, even as it continues to generate free cash flow and prepare for a potential \u20b92,000 crore IPO in 2026. With integrated services across real estate, loans, rentals, and interiors, Square Yards is steadily scaling its platform while improving profitability.<\/h2>\n<\/p>\n
\n

\"CNBCTV18\"<\/p>\n<\/div>\n

\n

Square Yards, one of India\u2019s fastest-growing real estate platforms, is inching closer to unicorn territory after raising $35 million in its latest funding round, pushing its valuation to around $900 million. The consumer-focused property-tech firm is now reportedly in advanced talks to raise an additional $100 million via a mix of equity and debt, a move that could take it past the coveted $1 billion valuation mark.<\/p>\n

\nSpeaking to CNBC-TV18, Tanuj Shori, Founder & CEO of Square Yards, said the latest funding validates the company\u2019s decade-long journey of building India\u2019s largest consumer home-buying platform. \u201cSquare Yards helps consumers search for homes, transact, finance, and renovate them. We are category-defining leaders in a very large total addressable market, with practically no competition. The next-largest player is not even one-third our size,\u201d Shori said.<\/p>\n

\nThe company has built a robust platform integrating real estate brokerage, home loans, rentals, interiors, and property management. According to Shori, the business moves close to \u20b916,000 crore in real estate annually and helps originate over \u20b910,000 crore of loans every month. It also acquires more than 15,000 consumers every month, many of whom use multiple services across the platform.<\/p>\n

<\/p>\n

\nWhile Shori did not disclose exact details of the upcoming $100 million round, he indicated that the capital will serve both as growth funding and for restructuring the cap table. \u201cThere are always growth opportunities. Even though the business is now generating free cash flow, we believe there is an opportunistic growth capital need, along with some cap table restructuring,\u201d he said.<\/p>\n

Also Read | How much your home loan EMI could fall after RBI’s repo rate cut<\/a><\/strong><\/p>\n

\nThe $35 million infusion is seen as a precursor to a larger strategic milestone \u2014 a planned IPO in 2026. Square Yards is reportedly aiming for a \u20b92,000 crore public listing next year, riding on a strong growth trajectory and improving profitability. With FY25 revenue at \u20b91,410 crore and a trailing-12-month run-rate hitting \u20b91,670 crore, the company is poised for rapid expansion while moving towards double-digit EBITDA margins.<\/p>\n

\nShori described the journey ahead as \u201cstill at day zero,\u201d noting that the company has only tapped a fraction of the market. \u201cWhat we have built over the last decade is just the start. We hope to build something meaningful over the next few years,\u201d he said.<\/p>\n

Watch accompanying video for full show.<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n

Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home Business News Startup News Square Yards nears unicorn status with $35 million fundraise, eyes larger $100 million round Square Yards, India\u2019s largest consumer home-buying platform, is set for rapid expansion after securing $35 million in funding. The company is eyeing a larger $100 million round, even as it continues to generate free cash flow<\/p>\n","protected":false},"author":1,"featured_media":882590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[308,1202],"tags":[5238,9962],"class_list":{"0":"post-882589","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-million","8":"category-square","9":"tag-million","10":"tag-square"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/882589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=882589"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/882589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/882590"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=882589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=882589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=882589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}