Mumbai-Based Startup Propstack Secures $3M In Series A Funding Led By DMG Information

The funds raised will be used to expand its services across the country and launch additional products and strengthen the team. The company also plans to expand its market to seven new cities including Pune, Bangalore, Delhi-NCR region, Kolkata, Hyderabad and Chennai.

Property data and technology startup, Propstack has raised US $ 3 Million in series A funding round led by DMG Information, a subsidiary of British media firm Daily Mail & General Trust.

Propstack

The other investors include New York-based data and analytics company Real Capital Analytics.

The funds raised will be used to expand its services across the country and launch additional products and strengthen the team.

Propstack also plans to expand its market to seven new cities including Pune, Bangalore, Delhi-NCR region, Kolkata, Hyderabad and Chennai.

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