Bangalore Based Zenify Raises Rs 4.15 Crore In Angel Funding

Zenify, a residential rental management start-up has raised Rs. 4.15 crore in angel funding from Srikanth and Bharath from K12 Techno Service Pvt Ltd.

Atul Jalan, Founder & CEO of Mathan Software Service Pvt Ltd also participated in this round of funding. The company will use these funds to further enhance its technology and analytic capabilities.

Founded by Sudarshan Purohit, Ankur Agarwal and Kailash Rathi in 2012, Zenify leverages technology, analytics and design to provide a simplified rental experience to owners and tenants.

The platform provides the tenants with an option to directly book a property online as the property is exclusively available with Zenify. It is a fixed price portal where one can directly book at the given price.

“The funding will be used to expand the services in the next 8-12 months. We have also seen a tremendous growth over the last few quarters where we are growing at 70% quarter-on-quarter and aspire to manage properties worth Rs 1.5 lakh crore in the next five years,” said Sudarshan Purohit, Co-founder & CEO, Zenify.

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