PropertyMonk to Raise $2M in Funding

By siliconindia   |   Tuesday, January 15, 2019
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The leading International Property Consultant of online to offline Real Estate Space, PropertyMonk, announced on Wednesday about its active discussion with Investors for $2 million Early Stage funding to meet its requirement for expending the business not just in India, but also in Dubai and Africa.

Property Monk plans to set up offices in Lagos (Africa), NCR, Pune and GOA in the calendar year 2019. They have successfully organized PropertyMonk Nest Fest in Powai, Abu Dhabi & Dubai. And also will be very soon organizing road shows in Bangalore and Africa in 2019. 

“Focussed Sales Model & Expertise in Lead Generation has taken the Real Estate by storm. This format of sale will be what everyone will have to develop in 2019 as it’s the most engaging and committed format of Selling Real Estate. PropertyMonk brings this Innovative Model to every developer, and created a Partnership Model where hundreds of leading developers are open to associate for a larger relationship”, says Manoj Asrani, Founding Principal, PropertyMonk.

“PropertyMonk Shares the responsibility and Cost for the developer and Leads with a larger Number Turnout in Closures compared to any other Competitor, allowing them to leverage our in-house generated leads, or through our Event IPs and embed it as extended sales team for their brands. We are happy to be a part of PropertyMonk’s talented management team and ensure building the leading global brand for Property Consultancy”, Arun Chhalwani, Vice President Sales.

“South was always Imperative in our growth Model and the fund Raising will help us in Robust Expansion Plans. As Head Strategy & Events mentioned, Our Event IP Nest Fest will get more Fervor and Intensive with addiction of Properties from South as I have always believed UAE is poised to grow further for Properties from South”, says Naveen Chandran, Head Events & Strategy.

“Our goal is to create reach in every corner of India, UAE & Africa.  As it’s all about finding a right buyer, for the right product, at the right price”, Naveen adds. 

PropertyMonk intends to update real estate wisdom with the rapidly changing trends in the real estate industry in order to provide the best in class and effective consultancy services to its customers all Over India & Their NRI Buyers.

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