Bengaluru-based proptech startup Propsoch has raised $2 million (approximately ₹19.1 crore) in a seed funding round led by Athera Venture Partners, Sparrow Capital, and Vakil Group. The company plans to use the fresh capital to accelerate market expansion, strengthen its team, and enhance its research and advisory capabilities.
The funding marks an important milestone for the startup as it seeks to expand beyond its home market and strengthen its position in India’s rapidly growing proptech sector.
“This funding round helps us deepen our roots in our home market while we expand our footprint into Mumbai,” cofounder and CEO Ashish Acharya said.
Founded in 2022 by Ashish Acharya and Ravi Agrawal, Propsoch operates a real estate advisory platform that assists homebuyers throughout their property purchase journey. The startup provides end-to-end support, helping customers identify properties, evaluate options, shortlist suitable projects, and negotiate the best possible deals.
Propsoch differentiates itself through its combination of artificial intelligence-driven research and expert architectural due diligence. The platform evaluates properties using more than 80 critical parameters, including builder credibility, construction quality, project efficiency, legal considerations, and future appreciation potential.
Since its launch, the startup has onboarded more than 500 residential projects across Bengaluru and established partnerships with over 210 builders. The company has also built a strong customer base by helping families make informed property-buying decisions.
“After successfully advising 1,500+ families in Bengaluru, we are now scaling our ability to service 10,000+ homebuyers this year,” Acharya added.
Before the current funding round, Propsoch raised $600,000 in a pre-seed investment round backed by the family offices of the Godrej Group and Vakil Group. The latest investment provides additional resources to accelerate growth and expand operations into new markets.
The development comes as India’s proptech sector continues to gain momentum amid rising consumer interest in property ownership and increasing demand for technology-enabled real estate solutions. Homebuyers are increasingly seeking data-driven insights, transparency, and personalized guidance when making significant investment decisions.
Investor confidence in the segment has also strengthened in recent months. Since the beginning of the year, investors have backed several proptech startups, including PropertyPistol, Truva, and Flent, to support their expansion strategies and capitalize on growing market opportunities.
Industry estimates suggest that India’s proptech ecosystem could evolve into a $3.8 billion market opportunity by 2030. As technology adoption accelerates across the real estate sector, startups that offer research-backed advisory services and digital solutions are expected to play a critical role in transforming the homebuying experience.
With fresh funding, a growing partner network, and plans to enter Mumbai, Propsoch is positioning itself to capture a larger share of India’s expanding proptech market while helping more homebuyers make informed and confident property decisions.
