Proptech firm Square Yards revenue up 70% to Rs 670 crore in FY23

Proptech firm Square Yards, which is mainly into housing and home loan brokerage, on Friday reported 70% increase in revenue to Rs 670.5 crore for last fiscal year on better demand for residential properties. Its revenue stood at Rs 395.6 crore in 2021-22.

Of the total revenue in last fiscal year (2022-23), India business contributed 77% while 10% came from Gulf countries and 13% from rest of the world.