The largest integrated real estate platform in the country, Square Yard’s revenue, jumped 60% on an annual basis in the second quarter of the current year to touch the Rs 225 crore mark.
The gross transaction value (GTV) of the company registered 77% growth to reach Rs 9169 crore. The number of transactions has registered 143% growth to reach the 40,757 transaction mark.
In the first half of the current fiscal year 2023–24, the company’s revenue crossed Rs 398 crore.
Square Yards founder and CEO Tanuj Shori said that the company became the first prop tech player to have crossed the $100 million revenue milestone. In spite of it, he works with the same interest and zeal as though every day were his first day in business, he said.
