Propsoch Raises $2 Million in Seed Funding to Revolutionize Homebuyer Advisory
Homebuyer advisory platform Propsoch has raised $2 million in a seed funding round led by Athera Venture Partners, with participation from Sparrow Capital and Vakil Group. This investment follows a previous $600,000 raised from angel investors and the Vakil Family Office.
The Bengaluru-based startup aims to use the fresh capital to strengthen its research and advisory capabilities, expand its team across various functions, and support market expansion, as stated in a press release.
Propsoch is a buyer-centric real estate advisory platform co-founded by Ashish Acharya and Ravi Agrawal. The platform is designed to bring clarity, accountability, and intelligence to the home-buying process. It combines data-driven insights with subject-matter expertise to help homebuyers shortlist, evaluate, and negotiate residential properties.
Propsoch assesses properties across more than 80 critical parameters, including legal compliance, construction quality, livability, and future value. By placing verified data and expert insights at the center of every decision, Propsoch aims to empower homebuyers with the information they need to make informed choices.
India’s proptech ecosystem has seen significant growth in recent years, driven by rising consumer demand for transparency, efficiency, and informed decision-making in real estate transactions. Propsoch positions itself at the intersection of technology, trust, and consumer-first real estate services.
The company evaluates properties on over 80 key factors, such as builder credibility, construction quality, project efficiency, and appreciation potential. Propsoch aims to transform the home-buying experience in India by combining proprietary data analytics, industry expertise, and consumer reviews to deliver unbiased insights and recommendations.
With this new funding, Propsoch is well-positioned to expand its reach and continue to innovate in the real estate advisory space, making the home-buying process more transparent and accessible for consumers.