Search engine platform for property titles Paradigm Shift VC has led a strategic financing round in which Landeed has raised an undisclosed sum.
The proceeds will be allocated to the expansion of Landeed’s personnel and the expansion of its product line to facilitate its domestic and international growth.
Landeed facilitates the search for property titles and the receipt of land documents for a nominal fee. The platform streamlines numerous search methods and gathers all the necessary data for a landowner or buyer to verify that a specific property is in order.
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Landeed creates property summary data that is reminiscent of a “plaid,” which is the result of the weaving together of multiple government departments from different states. An individual can verify a property transaction ledger that spans 20 years in just two seconds using our application.
In critical financial metrics, Landeed asserts that there has been a 22x increase. Landeed’s platform has been utilized by more than 100,000 property proprietors and agents to acquire, dispose of, and construct real estate.
This funding presents the startup with a significant opportunity in the proptech market, as India’s real estate market is anticipated to reach a size of $1 trillion by 2030.
About Landeed
Founded in 2022 by Sanjay Mandava, Landeed is building India’s (then for rest of the world) fastest and most comprehensive property title search engine. More than 84% of Indian household wealth is stored in real estate, property and land.Â
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