PropertyMonk to Raise $2M as an early stage StartUp in real estate provider space
PropertyMonk, the leading International Property Consultant of online to offline Real Estate Space, announced today that they are actively in discussion with Investors for $2 million Early Stage funding, a Member of PropertyMonk, Yenki Ahuja, CO-Founder led the investment and joined the Company’s board of directors.
PropertyMonk’s Services is used by thousands of Property Buyers, builders and brands, to create efficient sales in Mumbai Metropolitan Region and NRI Markets, Lead Generation, Events and other formats of engaging Customers that can be embedded on any Real Estate Brand that they work for. Three months after launch, the company’s website at www.PropertyMonk.com is already serving more than 100 million worth on Inventory and has unique buyers and is one of the most preferred IPC in Mumbai & Dubai. The company which is founded on 16th October from a Coffee shop by Manoj Asrani and Yenki Ahuja today employs 60+ people out of its offices in Mumbai & Dubai.
Manoj Asrani, Founding Principal of PropertyMonk said: “Focussed Sales Model & Expertise in Lead Generation has taken the Real Estate by storm. This format of sale will be what everyone will have to develop in 2019 as it’s the most engaging and committed format of Selling Real Estate. PropertyMonk brings this Innovative Model to every developer, and created a Partnership Model where hundreds of leading developers are open to associate for a larger relationships”.
ArunChhalwani, Vice President Sales added: “PropertyMonk Shares the responsibility and Cost for the developer and Leads with a larger Number Turnout in Closures compared to any other Competitor, allowing them to leverage our in-house generated leads, or through our Event IPs and embed it as extended sales team for their brands. We are happy to be a part of PropertyMonk’s talented management team and ensure building the leading global brand for Property Consultancy”.
Mr. Naveen Chandran, Quoted South was always Imperative in our growth Model and the fund Raising will help us in Robust Expansion Plans. As Head Strategy & Events mentioned, Our Event IP Nest Fest will get more Fervor and Intensive with addiction of Properties from South as I have always believed UAE is poised to grow further for Properties from South”. We soon going to Plan “South India Nest Fest” in all the regions we operate post Our Pune Nest fest on 1st/2nd/3rd feb 2019 & Affordable Homes Expo on 22nd February 2019.
“Our goal is to create reach in every corner of India, UAE & Africa,” continues Naveen Chandran, Head Events & Strategy. As it’s all about finding a right buyer, for the right product, at the right price.” PropertyMonk intends to update real estate wisdom with the rapidly changing trends in the real estate industry in order to provide the best in class and effective consultancy services to its customers all Over India & Their NRI Buyers.
Property Monk plans to set up offices in Lagos(Africa), NCR, Pune and GOA in the calendar year 2019. They have successfully organized PropertyMonk Nest Fest in Powai, Abu Dhabi & Dubai. And also will be very soon organizing road shows in Bangalore and Africa in 2019.