.avif)
Total amount raised
$228 Million
Latest funding date
2026-06-23
Location
Square Yards has raised $95 million (₹900 crore) in a growth round of debt and equity led by EAAA Alternatives, with Muzinich & Co participating and Orion Capital Partners acting as lead arranger. The company has gone through 8 funding rounds, positioning itself as a significant player in the real estate sector.
Keep reading to explore the intricacies of Square Yards' fundraising journey and the investors backing this innovative platform.
Square Yards has raised funding across eight rounds, backed by investors including EAAA Alternatives, Muzinich & Co, Smilegate Investment, ADM Capital, Bennett Coleman and Co Ltd (Times Group), Reliance Group Holdings, Lohia Group, and Andre Hoffmann. Its most recent raise is a $95 million growth round of debt and equity led by EAAA Alternatives in June 2026.
Keep reading to explore Square Yards' full fundraising journey, key investors, and what's next for the company.
What Is Square Yards?
Square Yards is an integrated real estate and mortgage platform headquartered in Gurugram (Gurgaon), India. Founded in 2014 by Tanuj Shori, it operates as a full-stack proptech company offering property search, transactions, home loans, and property management services. The platform serves buyers, sellers, developers, and NRI investors across India, the UAE, Australia, Canada, and Singapore. Square Yards is considered one of India's largest real estate transaction platforms, and it is preparing for an IPO.
How Much Funding Has Square Yards Raised?
- Seed Round
- Amount Raised: USD 6,000,000
- Date: May 2015
- Lead Investors: Undisclosed (Singapore and Hong Kong-based investors)
- Series Unknown (Reliance Group Round)
- Amount Raised: USD 12,000,000
- Date: November 2016
- Lead Investors: Reliance Group Holdings (private equity arm of Anil Ambani-led Reliance Group)
- Convertible Note
- Amount Raised: USD 10,000,000
- Date: January 2017
- Lead Investors: Andre Hoffmann, Lohia Group
- Convertible Note
- Amount Raised: USD 25,000,000
- Date: January 2018
- Lead Investors: Undisclosed
- Series Unknown (BCCL Round)
- Amount Raised: USD 20,000,000
- Date: September 2019
- Lead Investors: Bennett Coleman and Co Ltd (Times Group)
- Participants: Genkai Capital (Japan), Steve Melhuish (co-founder, PropertyGuru), Jani Rautiainen (co-founder, PropertyGuru), Koh Boon Hwee (ex-Chairman, Singtel and DBS)
- Venture Debt
- Amount Raised: USD 25,000,000
- Date: July 2021
- Lead Investors: ADM Capital (Hong Kong)
- Private Equity Round
- Amount Raised: USD 35,000,000 (INR ~312 crore)
- Date: November 2025
- Lead Investors: Smilegate Investment (South Korea)
- Participants: Existing investors
- Valuation: USD 900 million (pre-money)
- Growth Round (Debt and Equity)
- Amount Raised: USD 95,000,000 (INR ~900 crore)
- Date: June 23, 2026
- Lead Investors: EAAA Alternatives
- Participants: Muzinich & Co, Orion Capital Partners (lead arranger)
- Valuation: Above USD 1 billion, taking Square Yards to unicorn status
Total Amount Raised: at least USD 228 million based on disclosed funding. As of September 2026, the company's latest disclosed round is its June 2026 growth round.
Key Investors
- EAAA Alternatives
- Details: Anchored Square Yards' June 2026 growth round of $95 million (₹900 crore) in a mix of debt and equity, alongside Muzinich & Co, with Orion Capital Partners as lead arranger. The round took the company above a $1 billion valuation ahead of its planned listing.
- Smilegate Investment
- Details: South Korean venture capital firm. Led Square Yards' November 2025 private equity round of $35 million at a $900 million pre-money valuation, supporting the company's IPO preparations and global expansion plans.
- ADM Capital
- Details: Hong Kong-based global investment manager founded in 1998. Led Square Yards' July 2021 venture debt round of $25 million as growth capital to fund expansion in proptech and fintech services.
- Bennett Coleman and Co Ltd (Times Group)
- Details: India's largest media conglomerate. Led Square Yards' September 2019 round of $20 million, alongside Genkai Capital and other strategic investors, valuing the company at approximately $260 to $300 million.
- Reliance Group Holdings
- Details: Private equity arm of Anil Ambani-led Reliance Group. Led Square Yards' November 2016 round of $12 million, which was the company's first institutional investment round.
- Andre Hoffmann & Lohia Group
- Details: Co-led the January 2017 convertible note round of $10 million. Andre Hoffmann is the CEO of L'Occitane. More than 70% of this financing was in the form of convertible instruments.
What's Next for Square Yards?
Square Yards closed a $95 million (₹900 crore) mix of debt and equity on June 23, 2026, anchored by EAAA Alternatives with Muzinich & Co, a round that carried the company past the $1 billion valuation mark. The company says it is targeting a further $50 million to $60 million ahead of its planned IPO, for which it remains in preparation as a private company with no confirmed listing date. Square Yards continues to invest in its mortgage, property management, and transaction services, and to grow its international footprint across markets including the UAE, Australia, Canada, and Singapore.
Use Clay to Get Funding Data
Sales professionals, leverage Clay's platform to access comprehensive fundraising data. Sign up for free today.
