Tech
Square Yards raises $35 Mn at $935 Mn valuation; unicorn, IPO plans ahead
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Proptech firm Square Yards has raised $35 million in a fresh equity round led by South Korea–based Smile Gate Group, with participation from its existing investors.
The transaction, confirmed to Entrackr by the company, values the Gurugram-headquartered startup at a post-money valuation of $935 million.
VCCircle first reported the development on Tuesday.
The latest fundraise kicks off Square Yards’ broader capital strategy as it reportedly prepares for a Rs 2,000 crore initial public offering (IPO) in calendar year 2026.
According to the sources,…
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