Online real estate brokerage firm Jugyah has emerged from stealth mode with a significant achievement—a $1.5 million funding round led by White Venture Capital, QED Investors, and Godrej Properties. This round also attracted investment from Whiteboard Capital, Singularity Ventures, and notable angels such as Kunal Shah (Cred), Harsh Jain (Dream11), and Ramakant Sharma (Livspace).
Founded in 2023 by Arshad Balwa and Ansuman Mohanty, Jugyah operates as a full-stack, vertically integrated managed marketplace within the real estate sector. Much like Loft and Quinto Andar in Brazil, and Redfin in the USA, Jugyah combines real estate brokerage with an in-house mortgage origination arm. The company prides itself on offering 100% verified listings, complemented by photos and 360-degree virtual tours that enable potential tenants and buyers to schedule visits directly through their website.
Beyond its digital presence, Jugyah also maintains physical experience centres in South and Navi Mumbai. These centres serve as hubs where clients can engage directly with Jugyah’s agents, facilitating seamless transactions and personalized service.
The fresh capital infusion of $1.5 million will fuel Jugyah’s expansion strategy, focusing initially on scaling operations across the Mumbai metropolitan region. The company aims to consolidate its market presence in high-demand localities before venturing into other cities within the state. This strategic approach positions Jugyah to further enhance its market share and solidify its standing as a leader in the real estate brokerage landscape.
With this latest funding round, Jugyah not only secures essential financial backing but also underscores its commitment to revolutionizing the real estate market through innovation and customer-centric solutions.
