Proptech Firm Strata Raises USD 1.5 Mn

New Delhi: Proptech firm Strata has raised USD 1.5 million by SAIF Partners and Mayfield India as part of seed round. Tree angel investors and realty data analytics platform PropStack also participated in this funding round.

The money will be utlised by Strata for improvement in its technology capabilities, expansion in metros and hiring employees.

Strata is a realty investment platform. It was started by Sudarshan Lodha and Priyanka Rathore in May 2019. It is a technology-led platform that simplifies investment in the real estate industry. Investors can invest in real estate without spending too much money.