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Funding · Professional & Local Services

Propsoch raises $2M seed funding

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Date
Company
Propsoch
What it does
Homebuyer advisory platform
Kind
Funding
Amount
$2M
Stage
seed
Based in
Bengaluru
Founded
2022
Sector
Professional & Local Services

What they do

Propsoch is a data-driven homebuyer advisory platform that evaluates properties on 80+ factors

What happened

It raised $2M in seed funding led by Athera Venture Partners, Sparrow Capital, and Vakil Group

Why it matters

The company aims to serve 10,000+ homebuyers in 2026 and expand into Mumbai

The details

  • Propsoch raised $2M in a seed funding round.
  • The round was led by Athera Venture Partners, Sparrow Capital, and Vakil Group.
  • The company will use the funds to strengthen its research and advisory capabilities.
  • It will also expand its team and support market expansion.
  • Propsoch has advised 1,500+ families in Bengaluru so far.
  • It aims to serve 10,000+ homebuyers in 2026.
  • The company plans to expand its footprint into Mumbai.

The bigger picture

  • 3 in 4 Indian homebuyers regret their purchase, highlighting a trust gap.
  • The Indian proptech sector is projected to become a $3.8B opportunity by 2030.
  • Other proptech startups funded in 2026 include PropertyPistol, Truva, and Flent.
  • JSW One Platforms acquired proptech startup BuildNext in April 2026.

About the business

  • Propsoch is a homebuyer advisory platform that uses data to evaluate properties.
  • It assesses properties on 80+ factors including builder credibility, construction quality, project efficiency, and future appreciation.
  • The company has signed 500+ projects across Bengaluru.
  • It works with 210+ partner builders.
  • Propsoch's revenue is ₹1.89 Cr and its burn is ₹18.7 lakh.

What happens next

  • Strengthen research and advisory capabilities.
  • Expand the team.
  • Support market expansion into Mumbai.
  • Serve 10,000+ homebuyers in 2026.

The deal

Type
seed

Investors

  • Athera Venture Partners (lead) — A venture capital firm.
  • Sparrow Capital (lead) — A venture capital firm.
  • Vakil Group (lead) — A business group.

Founders

  • Ashish Acharya, CEO
  • Ravi Agrawal, Co-Founder and Chief Product & Technology Officer

About Propsoch

Product
End-to-end guidance for homebuyers with AI-led research and expert architectural due diligence
Customers
Homebuyers seeking expert guidance on property selection and evaluation
How it makes money
Advisory and research platform evaluating properties across 80+ critical parameters
What sets it apart
Comprehensive due diligence combining AI data analytics with expert architectural review

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