Report: Private Equity Investment In Proptech Firms Rise To $741 Million In 2021 in India
Private equity investments in proptech firms rose 35 percent to $741 million last year as investors sought to tap huge opportunities amid rising use of technology in the realty sector, Housing.com said.
Proptech firms that are providing solution in sales and marketing, and construction management got 69 percent of the total funds.
Inflow of funds into proptech firms stood at $551 million in 2020.
Between 2009 and 2021, the proptech players in India received a total of $3.2 billion Private Equity(PE) investments.