Actual property and mortgage platform Square Yards has joined India’s unicorn membership after elevating Rs 900 crore ($95 million) by way of a mixture of debt and fairness, because it prepares for a proposed inventory market itemizing.

The funding spherical was anchored by EAAA Alternate options and included participation from Muzinich & Co, a world company credit score supervisor. The recent capital values the Gurugram-based firm at greater than $1 billion.

The latest round follows a $35 million fundraise in November 2025 led by South Korea-based Smilegate VC, with participation from present investors.

Based by Tanuj Shori and Kanika Gupta, Sq. Yards operates an built-in actual property platform spanning property transactions, residence loans, leases, interiors and property administration. It has operations throughout India, the UAE, Australia and Canada.

The corporate reported income of Rs 2,086 crore, or about $223 million, in FY26, up 48% from a 12 months earlier.

Tanuj Gupta Shori, Founder and CEO of Sq. Yards, stated “This important capital increase from such esteemed institutional companions is a profound validation of our resilient enterprise mannequin and our relentless pursuit of revolutionizing the true property ecosystem. We’ve got spent the previous few years constructing a extremely worthwhile, scalable, and totally built-in platform. As we gear up for our upcoming IPO, this capital increase will present us with the strategic firepower to speed up our market enlargement, deepen our technological moats, and proceed delivering distinctive worth to our clients and stakeholders.”

Past its core brokerage and transactions enterprise, Sq. Yards has constructed a portfolio of manufacturers throughout the true property worth chain. These embody City Cash, its mortgage market; Azuro, its leases and property administration platform; and Inside Firm, its residence interiors and modular furnishing enterprise.

City Cash stays a key progress driver for the group. It facilitated mortgage disbursals of Rs 87,831 crore in FY26 by way of a community of brokers and partnerships with greater than 150 banks and non-banking monetary corporations.

Sq. Yards additionally operates technology-led enterprise platforms, together with information intelligence instruments for property valuation and title search, and PropVR, an AI-powered platform for 3D, digital and augmented actuality property experiences.