Proptech startup PropShare raises $47 mn from WestBridge Capital, others

Proptech startup PropShare has raised USD 47 million (around Rs 367 crore) from investors including WestBridge Capital to ramp up hiring, strengthen technology and offer more asset classes for investments on its platform.

Bengaluru-based PropShare, which was founded in 2016, is a technology-driven real estate investment platform that enables investors to purchase commercial real estate assets.

In an interview with PTI, co-founder and CEO Kunal Moktan said: “We have raised USD 47 million fund in our Series B round led by WestBridge Capital with participation from existing investors Pravega Ventures.”