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Proptech startup Inkers Technology raises $3 Mn in Series A round

EntrackrEntrackr · 7m ago
Proptech startup Inkers Technology raises $3 Mn in Series A round
Medial

Prop-tech startup Inkers Technology has raised $3 million in its Series A funding round led by Ashish Kasholia from Lucky Investments. The Bengaluru-based company had previously raised $2.03 million from Sailing Stones Technologies and others. The company's flagship product, Observance, is an AI-powered platform designed to process complex construction data such as point cloud data, images, BIM models, and project schedules and transform it into actionable insights. It can scan up to 100,000 square feet of construction area in an hour and generate comprehensive analytics, as-built models, defect reports, and schedule updates within 24-48 hours. The product has been deployed over 150 sites in Bangalore, NCR, Kolkata, Chennai, and Hyderabad, processing more than 2 petabytes of data.

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Turbostart leads $2.5 Mn round in Lighthouse PropTech

EntrackrEntrackr · 3m ago
Turbostart leads $2.5 Mn round in Lighthouse PropTech
Medial

Snippets Turbostart leads $2.5 Mn round in Lighthouse PropTech Proptech startup Lighthouse PropTech has raised $2.5 million in a new funding round. Turbostart led the round with $1 million, along with participation from the Dabur Family Office and several other HNI family offices, valuing the company at $13.5 million. The fresh funds will be utilized for expansion as it builds a technology-driven platform for luxury real estate transactions in India, Lighthouse stated in a press release. Launched by Sumesh Mishra, Lighthouse PropTech aims to empower its clients with innovative solutions to efficiently manage their luxury real estate portfolios. The company’s offerings include Luxury Listings—an exclusive platform showcasing premier, handpicked properties—and Luxury Exclusives, which provides tailored experiences and bespoke property opportunities. According to Lighthouse PropTech, it is developing a next-generation digital platform to transform luxury real estate transactions for HNIs and UHNIs, offering a seamless, AI-powered investment experience. Market research indicates that India's luxury real estate market is experiencing unprecedented growth, with the segment expected to surpass $100 billion by 2030, growing at a CAGR of 21.81%. Founded in 2019, Turbostart is a global early-stage venture capital firm and accelerator. With a global presence spanning India, the Middle East, the US, and Singapore, Turbostart has launched five funds over five years, supporting over 50 diverse startups across various sectors and stages.

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