Funding · Professional & Local Services
Propsoch raises $2M seed funding
By Startup Enthusiast ·
- Date
- Company
- Propsoch
- What it does
- Homebuyer advisory platform
- Kind
- Funding
- Amount
- $2M
- Stage
- seed
- Based in
- Bengaluru
- Founded
- 2022
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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