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Real estate portal PropTiger.com has received Rs 25-crore investment from SAIF Partners and Accel Partners.
SAIF Partners is an Asia-focused, sector and stage agnostic fund with over $4 billion capital under management. Accel Partners has a history of partnering entrepreneurs and management teams to build businesses since 1983.
PropTiger focuses on marketing new residential real estate developments aimed at middle-class Indian families.
The portal was established in February 2011 by Mr Dhruv Agarwala, Mr Kartik Varma and Mr Prashan Agarwal. Since inception the gross value of property sale facilitated by the platform totals Rs 1,100 crore.
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