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Property Share Secures funding from Lightspeed Ventures

Property Share, which is an online real estate investment platform which enables fractional ownership of property, has now secured Series A funding round led by the LightSpeed Ventures Partners.

“The company is seeing good momentum and has closed its Series A round, led by Lightspeed,” said one of the persons cited above. The size of the round could not be ascertained.

“The money will be used to get more properties on board and expand operations to more cities,” said the second of the two people cited earlier.

The company which is owned by the Bangalore based Property Share Online Platform Private Limited, the venture also secured funding round in the month of March 2017, which is led by the Asuka Holdings, a Japanese Asset Management firm.

Property Share was founded in the year 2015by the Hashim Khan and Kunal Moktan.

Source: Property Share

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