Proptech unicorn Square Yards engages bankers for $300-mn IPO
Proptech unicorn Square Yards is preparing for an IPO to raise $200-300 million with a target valuation of $2 billion. The company has engaged major investment banks to facilitate the listing following a recent $95 million funding round.
Why it matters
This move signals significant growth and investor confidence in the Indian real estate technology sector as it moves toward public market maturity.
The company plans to use the new capital to strengthen its technological backend, fund expansion, and shore up its balance sheet. Summary The proptech firm is seeking a $2 billion valuation for its planned public listing next fiscal year, following a recent ₹ 900-crore funding round. Gift this article Check your wealth This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories.
The article reports on financial developments and corporate strategy using neutral, factual language.
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