Lighthouse PropTech Raises $2.5Mn Funding Led By Turbostart, Others

Proptech startup Lighthouse PropTech has raised $2.5 million in a new funding round led by Turbostart, a global early-stage venture capital firm and accelerator.

Turbostart led the funding round with $1 million, joined by the Dabur Family Office and several other high-net-worth individual (HNI) family offices, valuing the company at $13.5 million.

The funds will be used to expand the business as it develops a tech-driven platform for luxury real estate transactions in India.

Read also- Speech Therapy Startup Iyaso Raises $500k Pre-Seed Funding

"India’s luxury real estate boom is being shaped by proptech innovation, and the numbers tell the story - high-end housing sales have doubled in top-tier cities, institutional capital is pouring into real estate technology, and AI-driven purchasing is now mainstream. Lighthouse PropTech is positioned at the heart of this transformation. With 40+ years of combined experience, Sumesh and Murtuza are bringing deep market expertise and a cutting-edge technology-driven vision to a sector that is primed for disruption. We are excited to back their journey as they scale to define the future of luxury real estate," said Ganesh Raju, Founder of Turbostart Global.

"Luxury real estate is evolving rapidly, and the demand for seamless, tech-powered portfolio management has never been higher. Partnering with Turbostart gives us more than capital - it brings a high-impact ecosystem of strategic expertise, industry connections, and deep technology enablement. This partnership will accelerate our mission to redefine how HNIs and UHNIs buy, sell, and manage real estate in a market set to double in value over the next five years," said Sumesh Mishra, Founder of Lighthouse PropTech.

About Lighthouse PropTech

Founded by Sumesh Mishra, Lighthouse PropTech is creating a next-gen digital platform to transform luxury real estate transactions for HNIs and UHNIs, offering a seamless, AI-powered investment experience.

About Turbostart

Turbostart, founded in 2019, is an innovation-driven accelerator that helps early-stage startups grow. With a global presence in India, the Middle East, the US and Singapore, Turbostart has launched 5 funds over 5 years, supporting over 50 startups across various sectors.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.