Propdial in talks to raise Rs 25 Crore 

January 5, 2023: Propdial, Gurgaon-based property management service start-up is in talks to raise Rs 25 Crore as part of their Series A funding round. The start-up helps NRIs and Resident Indians staying away from their properties by offering a complete constellation of services that include property inspection and reports, tenants’ discovery and on boarding, fully digitised agreement & background check, on-demand maintenance services, and customised dashboards for owners and tenants.

Talking about the development, Vinay Prajapati , Co-founder & CEO, Propdial, says, “Propdial has built a stronger partnership ecosystem, increased brand recall and digital presence, doubled up on team size and revenue, kicking off short term rental which is growing > 50% MoM”. “The start-up already has witnessed an impressive growth in revenue, additional services and Geo expansion on the card; they are on a path to unlock bigger YoY growth”. adds Vinay.