<article>Online realty platform <a style="color: #000080;" href="http://dealstreetasia.com/tag/square-yards" target="_blank">Square Yards</a> has raised $12 million as investment from the private equity arm of <a style="color: #000080;" href="http://dealstreetasia.com/tag/anil-ambani" target="_blank">Anil Ambani-</a>led <a style="color: #000080;" href="http://dealstreetasia.com/tag/reliance-ada" target="_blank">Reliance ADA Group</a>.</article>

Online realty platform <a style="color: #000080;" href="http://dealstreetasia.com/tag/square-yards" target="_blank">Square Yards</a> has raised $12 million as investment from the private equity arm of <a style="color: #000080;" href="http://dealstreetasia.com/tag/anil-ambani" target="_blank">Anil Ambani-</a>led <a style="color: #000080;" href="http://dealstreetasia.com/tag/reliance-ada" target="_blank">Reliance ADA Group</a>.
DEALSTREETASIA had <a style="color: #000080;" href="http://www.dealstreetasia.com/stories/real-estate-tech-startup-squareyards-in-talks-to-raise-funds-aims-to-be-profitable-this-year-30072/" target="_blank">first reported</a> that the online-to-offline real estate transaction player, was in talks with investors to raise around $15 million this year.
&#8220;With the fresh capital infusion, Square Yards aims to strengthen its distribution network across Indian and global markets, targeting double digit market share in Indian Real Estate distribution, expanding to 25+ countries on the ground advising on global real estate, and becoming largest mortgage advisory and developer marketing firm in India,&#8221; the company said in a statement.
Last year, the Square Yards had raised $11 million from a clutch if high networth individuals, making this latest funding its first institutional funding. It had also acquired creative and design studio <a style="color: #000080;" href="http://dealstreetasia.com/tag/oryden" target="_blank">Oryden Tech Labs</a> in cash and stocks for an undisclosed amount, wherein the team of Oryden joined Square Yards. It also acquired Singapore-based property advisory firm<a style="color: #000080;" href="http://dealstreetasia.com/tag/luxe-real-estate" target="_blank"> LUXE Real Estate</a> for an undisclosed sum.
Founded in 2013, Square Yards is a technology-enabled transaction and aggregation platform for global real estate. The company claims to be the largest distributor for primary residential real estate in India, with leadership position in the NRI markets.
It claims to have a  net revenue run rate of $1.5 million- $2 million per month amounting to around annualised net revenue run rate of $25 million and transaction run rate of 600-800 each month.
&#8220;With this collaboration, the Company will be able to draw on Reliance’s extensive experience, particularly in scaling up the business to a higher growth trajectory and creating significant shareholder value in the process. Besides capital, we will also get access to best practices in running large consumer businesses at scale, with the participation of Reliance,” Kanika Gupta Shori, Founder &amp; COO, Square Yards, said.
Recently, another realty website <a style="color: #000080;" href="http://dealstreetasia.com/tag/nobroker" target="_blank">NoBroker Technologies Solutions</a> raised an undisclosed amount from former Snapdeal Chief Product Officer Anand Chandrasekaran. Earlier this year the company had raised $10 million in a Series B funding led by Singapore-based <a style="color: #000080;" href="http://dealstreetasia.com/tag/beenext" target="_blank">BEENEXT</a> venture capital firm created by Teruhide (Teru) Sato.
Also Read:
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/real-estate-tech-startup-squareyards-in-talks-to-raise-funds-aims-to-be-profitable-this-year-30072/" target="_blank">EXCLUSIVE: India-based real estate tech player Squareyards in talks to raise $15-20m, aims to be profitable this year</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/india-square-yards-acquires-creative-design-studio-oryden-tech-labs-16270/" target="_blank">India: Square Yards acquires creative design studio Oryden Tech Labs</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/luxe-real-estate-acquired-by-india-realty-advisory-square-yards-8400/" target="_blank">LUXE Real Estate acquired by India realty advisory Square Yards</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/nobroker-raises-10-million-in-series-b-funding-31955/" target="_blank">India: NoBroker raises $10m in Series B funding</a>

Online realty platform Square Yards has raised $12 million as investment from the private equity arm of Anil Ambani-led Reliance ADA Group.

India: Online realty platform Square Yards raises $12m from Anil Ambani firm

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India: Online realty platform Square Yards raises $12m from Anil Ambani firm

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