Strata raises $1.5 million from SAIF Partners, Mayfield India & PropStack

NEW DELHI: Strata, tech-enabled commercial real estate investment platform has raised $1.5 million in a seed round led by SAIF Partners and Mayfield India. Real estate data analytics platform, PropStack and three other prominent angel investors with commercial real estate backgrounds have also participated in the round. Sudarshan Lodha, co-founder, Strata said, “We are aiming to touch 250 crores of AUM in this calendar year.”

Currently operational in Bengaluru and Mumbai, the company hopes to double in team size this year to over 45 members and plans to utilize the fresh raise to expand to other metro cities. Incorporated in May 2019, the company currently has 1,500 users and 150 active investors on its platform.


Source: https://realty.economictimes.indiatimes.com/news//news/allied-industries/strata-raises-1-5-million-from-saif-partners-mayfield-india-propstack/74496538

March 05, 2020

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