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Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Blox raises 100crores from investors

#Taxation & Finance News
Last Updated : 7th Dec, 2022
Synopsis

Blox, a real estate prop tech platform launched in 2020 has recently raised almost Rs 100 crores in a series A funding round. The company intends to utilise the funds for market expansion, improving product offerings and building data infrastructure around the customer, broker, and developer segments. The company will also use the newly acquired capital to increase their focus on technology advancements to improve product development frameworks.

Blox, a real estate prop-tech platform launched in 2020 has recently raised almost Rs 100 crores in a series A funding round. The company intends to utilize the funds for market expansion, improving product offerings and building data infrastructure around the customer, broker, and developer segments. The company will also improve its focus on technology advancements to improve product development frameworks. 




Blox is a real estate buying platform that allows customers to compare properties, conduct virtual site tours, engage brokers and study pricing models. The company has raised money in the past from notable Silicon Valley investors and new age angle investors such as Kunal Shah of CRED. Earlier this year, they acquired real estate advisory firm Plinthstone REMA.

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