Real Estate Start Up Propsmith Raises 5 Crore In Seed Round

Noida-based real estate startup Propsmith has raised 5 crores in a seed round from USA based venture capital firm Foxhog Ventures. Company Propsmith deals in commercial and residential projects operating in Noida, Gurgaon, Patna and Pune with many high scalable busine

BY Realty Plus
Published - Friday, 19 Mar, 2021

Real Estate Start Up Propsmith Raises 5 Crore In Seed Round

Noida-based real estate startup Propsmith has raised 5 crores in a seed round from USA based venture capital firm Foxhog Ventures. Company Propsmith deals in commercial and residential projects operating in Noida, Gurgaon, Patna and Pune with many high scalable businesses. Deal was announced at the end of February and has been completed in March. Company Propsmith is planning to enhance their operations in other cities too. Real estate market is expected to grow and we expect a better ROI after pandemic. We are also in process to make a larger investment in the field ofEdtech and personal care products” says Tarun Poddar. Indian Head and Managing Partner of Foxhog. USA based VC Foxhog has completed it’s 1 year of successful operations in India at this international women’s day and has also launched women led VC only for women which may be a rays of great hope for Women entrepreneurs.