Company Research Report: Square Yards

Company Overview

• Name: Square Yards

• Mission of the Company: Square Yards aims to disrupt the traditional real estate ecosystem by providing an integrated platform for real estate and mortgages, harnessing technology and data analytics to streamline the entire process from search & discovery to post-sales service.

• Founded: No specific founding date provided.

• Founders: Tanuj Shori and Kanika Gupta Shori.

• Key People in the Company: Tanuj Shori, Kanika Gupta Shori, Hitesh Singla (Co-founder and Chief Investment Officer).

• Headquarters: No specific location provided.

• Number of Employees: Over 6,000 employees.

• Revenue: Gross Transaction Value (GTV) of ~USD 5 billion annually.

• What is the Company Known For: Square Yards is recognized as India's largest integrated real estate marketplace, leading the market across multiple consumer home ownership touchpoints, with notable global success and technology adoption in the VR/AI domains.

Products

• Real Estate Platform: Offers search, discovery, transactions, home loans, interiors, rentals, and property management.

• Key Features: Integrated consumer experience covering the entire real estate journey.

• Square Connect: A mobile-only aggregation platform for real estate brokers and financial institutions.

• Key Features: Provides access to a larger inventory and enhances productivity.

• Azuro: The first and largest property management service in India.

• Key Features: Tenant finding, background checks, automated rent collection, property maintenance, and tenant exit inspections.

• Interior Company: Provides modular solutions for home furnishing.

• Key Features: Tech platform with 3D visualization, designer tools, and logistics management.

• PropsAMC: A leader in Data Intelligence, Asset Management, and Real Estate Services.

• Key Features: Manages property assets worth $1.5 billion, provides legal and valuation services, and offers a comprehensive data platform.

• PropVR: AI-powered platform for immersive digital property experiences.

• Key Features: 3D technology and VR solutions for real estate visualization.

Recent Developments

• Awards: Received numerous accolades, such as the Best AI-Powered Project Award and Proptech Company of the Year.

• Technological Advancements: Involved in creating India's first MLS with innovative tools in VR/AI.

• Global Expansion: Presence in over 100 cities across 9 countries.

• Recent Achievements:

• Recognized as the National Proptech Brand of the Year at CREDAI-MCHI Golden Pillar Awards.

• Recognition for innovative use of AI in real estate.

• Key Partnerships: No specific new partnerships mentioned.

• New Product Launches: No information is available.

• New Features Added: No specific new features mentioned.

In summary, Square Yards is at the forefront of integrating technology into real estate services, transforming consumer experiences with a comprehensive platform that covers the entire property ownership journey. Their dedication to innovation is showcased through global expansions, significant market presence, and continuous accolades for their tech-driven projects.