Key Takeaways
- Jugyah, a pioneering fintech startup in the real estate sector, has raised a substantial amount in seed funding.
- The digital home rental broker is based in Mumbai, Maharashtra, India and is the first of its kind in the country.
- The funding round was led by a consortium of high-profile investors, including AJ Capital, Climber Capital, Gaurav Gupta, Harsh Jain, Kunal Shah, Lodha Group, Pirojsha Godrej, QED Investors, Ramakant Sharma, Singularity Ventures, White Venture Capital, and Whiteboard Capital.
- The company plans to utilize this funding to expand its services across India, aiming to revolutionize the real estate market with its technology-enabled solutions.
Mumbai, Maharashtra, July 1, 2023 – Jugyah, a groundbreaking startup that has taken the Indian real estate industry by storm, has successfully completed its first round of seed funding. Founded as the country’s first fintech-powered, end-to-end digital home rental broker, Jugyah aims to reshape the marketplace, property management, and real estate sectors with its tech-forward solutions.
The exact amount of funding raised has not been disclosed, but it represents a significant milestone for the company and the sector in general. Jugyah’s unique business model, which combines finance and technology to provide a fully digital solution for home rentals, has caught the eye of many, resulting in substantial financial backing from various prominent investors.
The impressive roster of investors includes AJ Capital, Climber Capital, Gaurav Gupta, Harsh Jain, Kunal Shah, Lodha Group, Pirojsha Godrej, QED Investors, Ramakant Sharma, Singularity Ventures, White Venture Capital, and Whiteboard Capital. The group brings not only significant financial resources but also invaluable expertise and networking opportunities, which will likely drive Jugyah’s further success.
Based in Mumbai, Maharashtra, India, Jugyah was founded with a mission to leverage technology to transform the way people find, rent, and manage homes in India. By digitizing every aspect of the home rental process, the company significantly reduces the time, effort, and cost traditionally associated with finding a home.
Through its website https://www.jugyah.com, the company has been serving customers with a fast and efficient online platform, ensuring a seamless experience from house hunting to signing the rental agreement. With the infusion of this new capital, the startup aims to broaden its reach and expand its services across the country.
For further information on Jugyah, please visit the company’s profile on Crunchbase.
This landmark funding round signals an important shift in the Indian real estate landscape. As tech-enabled services become increasingly prominent, startups like Jugyah are poised to lead the industry into a new era of digital innovation, convenience, and efficiency.
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