Square Yards to raise Rs 2,000 Cr via IPO at $1.5-$2 Bn valuation

Proptech platform Square Yards is eyeing to raise Rs 2,000 crore through an initial public offering (IPO) at a valuation of $1.5–2 billion, sources aware of the development told Entrackr.

The Gurugram-based company is in the process of appointing investment bankers and is likely to file its Draft Red Herring Prospectus (DRHP) within the current financial year.

“The planned Rs 2,000 crore Initial public offering (IPO) will be…