A tech enabled end-to-end tenant and property management solutions startup is looking to raise funds
Posted By - Investment Banker
Posted date - 19/05/2022
BUSINESS BRIEF
A rental home management company with End to end tenant and property management solutions for owners. There is absolutely no hassle in renting houses and finding your place to stay.
Startup Solution: End to End Property and Tenant Management solution
- Receive Rent in time
- Tenant Management
- Tenant background checking
- Legal Documentation
- House Care and Maintenance
- Complete peace of mind for the house owner
Revenue Model:
20% of Monthly Rent
USP:
- No Brokerage.
- Rent In Time
- Flexible working hours
- Tenant Management
- Background checking
- Inspection & Maintanance
- Legal Documentation
- Hassle free living
Traction So Far:
- Total Users- 56,729
- Revenue (till date)- INR 11.6Mn
Funding-
- Previously, Company is funded by STPI
- Incubated under IIM Calcutta, IIM Shillong, and Assam startup (govt of Assam initiative)
- Currently, the company is looking to raise INR 50 Million
Proposal
Capital Requirement
INR 5 Cr
Funding Status
I do not have any investment commitment
Industry & Sub-Industry
Real Estate (1)
Rental and leasing
Technology/Product/Service Offering
Rental home management Company
StartUp Stage
Early Revenue
Business Segment Type
B2C
End use of fund (in %)
Financial Information |
2019 (in Cr) | 2020 (in Cr) | 2021 (in Cr) | 2022 (in Cr) |
|---|---|---|---|---|
Sales |
INR 0 Cr | INR 0 Cr | N.D | N.D |
EBITDA |
N.D | N.D | N.D | N.D |
PAT |
N.D | N.D | N.D | N.D |
TOTAL DEBT |
N.D | N.D | N.D | N.D |
