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The Indian luxury real estate sector is witnessing an unprecedented transformation, and Lighthouse PropTech is at the forefront of this revolution. The company has successfully secured a $2.5 million funding round, led by Turbostart with a $1 million investment. This round also saw participation from the Dabur Family Office and other high-net-worth investors, valuing the firm at an impressive $13.5 million.
Founded by Sumesh Mishra, Lighthouse PropTech is reimagining how luxury real estate transactions are conducted in India. The company is investing in cutting-edge technology to build a seamless, AI-powered platform tailored for high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs). Its flagship offerings, Luxury Listings and Luxury Exclusives, promise a refined and personalized property search experience.
With India's luxury real estate market expected to surpass $100 billion by 2030, growing at a CAGR of 21.81%, the sector presents an immense opportunity. Lighthouse PropTech is positioning itself as a pioneer in this space, providing exclusive, high-end property solutions.
Since its inception in 2019, Turbostart has been instrumental in nurturing startups across industries. With a presence in India, the Middle East, the US, and Singapore, the firm has launched five funds in five years, supporting over 50 companies globally. This latest investment in Lighthouse PropTech underscores its commitment to fostering disruptive innovation in real estate.
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