Funding · Professional & Local Services
The Land Bankers raises ₹8 crore seed round
By Startup Enthusiast ·
- Date
- Company
- The Land Bankers
- What it does
- AI-powered land title verification platform
- Kind
- Funding
- Amount
- ₹8 crore
- Stage
- seed
What they do
The Land Bankers uses AI to verify land titles and resolve ownership disputes
What happened
It raised ₹8 crore in seed funding led by Rainmatter at a ₹67 crore valuation
Why it matters
Founder Amarendra Sahu previously co-founded NestAway and had a legal dispute with its investors
The details
- The Land Bankers raised ₹8 crore in a seed funding round.
- The round was led by Rainmatter, which invested ₹6 crore.
- Ashish Gupta participated with ₹1 crore.
- K2 Capital invested ₹50 lakh.
- Kunal Shah (through Qed Innovations Labs) and Abhishek Goyal joined as angel investors.
- The company was valued at approximately ₹67 crore post-seed.
- The board approved the issuance of 1,597 CCPS at ₹49,764 each in October 2025.
The bigger picture
- Founder Amarendra Sahu previously co-founded NestAway and had a legal dispute with its investors.
- He filed an FIR against Tiger Global, Goldman Sachs, Chiratae Ventures, and co-founders alleging cheating and forgery.
About the business
- The Land Bankers is a proptech startup that uses AI for land title verification.
- It offers ownership due diligence and dispute resolution services.
- The platform aggregates land records, performs title verification, and checks for disputes.
- It also provides legal assistance and property monitoring.
- The company aims to simplify land transactions and reduce fraud.
What happens next
- The company will use the funds for working capital, capital expenditure, and business expansion.
The deal
- Type
- seed
Investors
- Rainmatter (lead) — Invested ₹6 crore; a venture capital firm focused on fintech and proptech.
- Ashish Gupta (participant) — Invested ₹1 crore; an individual investor.
- K2 Capital (participant) — Invested ₹50 lakh; a venture capital firm.
- Kunal Shah (through Qed Innovations Labs) (angel) — Angel investor; founder of Cred.
- Abhishek Goyal (angel) — Angel investor; co-founder of Tracxn.
Founders
- Amarendra Sahu, Founder
Same day
- Flying Wedge reports revenue and employee count22 June 2026 · People
- Meta invests $900 Mn in CRED, Kunal Shah steps down22 June 2026 · Funding · $900 Mn
- Delhivery shares hit 52-week high as brokerages see up to 32% upside22 June 2026 · Results
- Brown Living builds trust infrastructure for sustainable products22 June 2026 · News
- Orange Health Labs raises ₹277 crore Series C22 June 2026 · Funding · ₹277 Cr
- NCLT admits insolvency petition against Fabzen for unpaid dues22 June 2026 · Legal · ₹3.41 crore