Proptiger’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: PROJECT CITY RISE BUILDERS LIMITED | CIN: 13134063
PropTiger, founded in 2011, is a leading online real estate platform headquartered in Gurugram, India. Co-founded by Dhruv Agarwala and Kartik Varma, PropTiger has revolutionized the residential property market by providing a seamless online experience for home buyers and developers. Leveraging technology, data analytics, and personalized services, the platform streamlines property discovery, shortlisting, and transactions, making home buying easier and more transparent across India.
| Founded | 2011 |
|---|---|
| Headquarters | Gurugram, India |
| Sector | Real Estate Tech |
| Revenue FY23 | $35 million |
| Profit/Loss FY23 | -$10 million |
| Employees (approx.) | 700 |
| Round | Date | Amount (USD) | Valuation (USD) | Investors |
|---|---|---|---|---|
| Series C | Jan 23, 2017 | $55M | — | News Corp, REA Group |
| Series B | May 12, 2015 | $30M | — | Saif Partners, Accel India |
| Series B | Feb 17, 2014 | $7M | — | Accel India, Horizon Ventures |
| Series A | Jun 29, 2012 | $5M | — | SAIF Partners |
| Seed | Apr 05, 2011 | $2M | — | Accel India |
PropTiger has demonstrated strong revenue growth, rising from $25 million in FY22 to an estimated $45 million in FY24. While the company continues to incur losses driven by marketing and expansion efforts, its path towards profitability is clear, with losses narrowing year over year as operational efficiency improves.
PropTiger's expenses have grown to support aggressive customer acquisition and nationwide expansion. However, focus on data-driven marketing and technology optimization is expected to improve margins over time and move the company closer to profitability.
PropTiger’s workforce has steadily grown from around 600 employees in FY22 to an estimated 800 in FY24, reflecting its continued commitment to market expansion and enhancing customer experience through specialized on-ground and tech teams.
| Metric | Detail |
|---|---|
| Revenue FY23 | $35 million |
| Profit/Loss FY23 | -$10 million |
| Funding Raised | $99 million total |
| Employees | 700+ and growing |
PropTiger’s growth trajectory demonstrates strong revenue performance supported by robust funding and a growing team. While profitability remains a work in progress, the company’s strategic focus and investor confidence position it well for long-term success.
PropTiger is transforming the residential real estate market in India through digital innovation and customer-centric services. With consistent revenue growth, strategic investor backing, and a solid expansion strategy, PropTiger is well-poised for future leadership. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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