Square Yards to raise Rs 2,000 Cr via IPO at $1.5-$2 Bn valuation

Square Yards, a proptech company, is planning to raise ₹2,000 crore via an IPO at a $1.5-2 billion valuation. This ambitious move indicates Square Yards' intent to tap public markets for significant capital to fuel its expansion and growth initiatives. The proposed valuation reflects investor confidence in the proptech sector's potential in India. A large IPO would enable Square Yards to strengthen its technology, expand its service offerings across real estate segments, and potentially pursue strategic acquisitions, positioning it as a major player in the evolving digital real estate ecosystem.