Anarock Secures ₹200 Crore for Real Estate Revolution

Anarock, a prominent player in the real estate services sector, has recently secured a funding round of ₹200 crore, led by 360 ONE Asset Management Ltd (formerly known as IIFL Asset Management). The infusion of capital aims to fortify Anarock's technological infrastructure, expedite its expansion initiatives, and introduce cutting-edge solutions in the field of real estate services.

Anuj Puri, Chairman of Anarock, conveyed in an official statement, "These funds are designated to accelerate our business expansion and enhance our proprietary proptech platforms, which have proven instrumental in transforming our real estate marketing capabilities. We remain committed to exploring avenues for sustained growth and innovation."

Sameer Nath, Chief Investment Officer and Head of Venture Capital & Private Equity at 360 ONE Asset, lauded Anarock's technological prowess and forward-thinking platforms. He expressed enthusiasm about collaborating with Anarock's leadership team for the next phase of their growth trajectory.

Rohin Shah, Director & Co-Founder of Anarock, highlighted the collaboration's potential to leverage their three decades of experience in the Indian real estate market. He underscored the commitment to advancing innovative real estate solutions driven by research and technology, catering to developers, investors, and occupiers across various sectors.

News by Rahul Yelligetti