Results · Real Estate & PropTech
Square Yards achieves ₹1,417 Cr revenue with 55% CAGR in real estate services
By Startup Enthusiast ·
- Date
- Company
- Square Yards
- What it does
- real estate platform
- Kind
- Results
- Amount
- INR 1,417 Cr
- Founded
- 2014
- Sector
- Real Estate & PropTech
What they do
Square Yards is a real estate platform that offers property search, transactions, financing, and post-sales services
What happened
The company reported ₹1,417 Cr revenue in FY25, growing at a 55% CAGR over the past four years
Why it matters
It earns through brokerage fees, loan commissions, and services like home interiors and property management
The details
- Square Yards, founded in 2014, reported ₹1,417 Cr revenue in FY25, growing at a 55% CAGR over the past four years.
- The company offers a full-stack real estate platform, facilitating the sale of both new and resale properties with a transaction-based monetisation model.
- It charges a 5%+ average brokerage fee as a percentage of the unit sales value, handling $1.5 Bn+ in annual property sales through in-house agents.
- Square Yards also operates a fintech arm called Urban Money, which facilitates home loans, LAPs, personal and business loans, and insurance products.
- Urban Money facilitated loan disbursal of ₹61,000 Cr in FY25, earning a percentage-based commission from financial institutions.
- The company runs Interior Company, a tech-led platform for interior design and home renovation, delivering over 5,000 homes to date.
- Square Yards offers digital products like PropVR, Azuro, and Square Connect, which provide immersive property experiences, property management, and real estate aggregation.
- In FY25, the company’s revenue grew 40% from ₹1,009 Cr to ₹1,417 Cr, with Gross Transaction Value (GTV) increasing 45% to ₹59,093 Cr.
- The company has improved its financial health by reducing EBITDA losses and achieving profitability.
The bigger picture
- Square Yards chose to focus on first-time buyers in a more populated market, which provided a larger pool for monetising leads through multi-product sales.
- The company built effective relationships with Grade-A developers, contributing up to 5-10% of their total sales through its platform.
- Square Yards' strategic service profile with four categories includes proptech, fintech, interior design, and digital services, enabling a diversified revenue model.
About the business
- Square Yards is a real estate platform that facilitates property search, transactions, financing, and post-sales services.
- It operates a full-stack real estate platform, handling both new and resale property sales with a transaction-based monetisation model.
- The company earns revenue through brokerage fees, loan disbursement commissions, and services like home interiors and property management.
- It has a fintech arm, Urban Money, which facilitates home loans, LAPs, personal and business loans, and insurance products.
- Square Yards also runs Interior Company, a tech-led platform for interior design and home renovation, delivering over 5,000 homes to date.
- The company offers digital products like PropVR, Azuro, and Square Connect, which provide immersive property experiences, property management, and real estate aggregation.
- In FY25, the company’s revenue grew 40% from ₹1,009 Cr to ₹1,417 Cr, with Gross Transaction Value (GTV) increasing 45% to ₹59,093 Cr.
The deal
- Type
- results
Founders
- Tanuj Shori, co-founder
- Kanika Gupta Shori, co-founder
About Square Yards
- Product
- based proptech startup
- Customers
- Home buyers, property developers, real estate brokers, and loan seekers
- How it makes money
- Earns commissions on primary real estate sales and mortgage disbursements, plus interior design fees
- What sets it apart
- Full-stack integration covering real estate listings, mortgage distribution, and post-possession interior solutions
More on Square Yards
- Square Yards partners with IIM Bangalore for property index17 July 2026 · Partnership
- Square Yards targets 40-50% revenue growth in FY275 July 2026 · Results
- Square Yards hires bankers for $200-300 million IPO28 June 2026 · IPO · ₹900 crore
- Square Yards raises $95M, becomes unicorn23 June 2026 · Funding · $95M (₹900 Cr)
- Square Yards plans $250-300 Mn IPO11 May 2026 · IPO · $250-300 Mn
- Square Yards reports strong FY26 revenue growth1 May 2026 · Results
- Square Yards raises $35m from Smile Gate Group27 November 2025 · Funding · $35M
- Square Yards posts fourth straight profitable quarter3 November 2025 · Results
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