Lighthouse PropTech, a rising player in India’s proptech sector, has secured $2.5 million in a funding round led by Turbostart, a global early-stage venture capital firm and accelerator. Turbostart contributed $1 million to the round, with additional investments coming from the Dabur Family Office and several other high-net-worth individual (HNI) family offices. This latest funding round values Lighthouse PropTech at $13.5 million.
The newly raised capital will be used to expand the company’s operations and enhance its digital platform, which aims to streamline luxury real estate transactions in India.
What Lighthouse PropTech Does
Lighthouse PropTech is developing an innovative, next-generation platform designed to simplify and improve luxury real estate transactions. The platform leverages AI technology to provide HNIs (High-Net-Worth Individuals) and UHNIs (Ultra-High-Net-Worth Individuals) with a seamless, digital-first investment experience.
As India’s luxury real estate sector experiences record-breaking growth, Lighthouse PropTech seeks to capitalize on the rising demand for digital solutions in high-end property investments.
Luxury Real Estate in India
India’s luxury real estate market is undergoing rapid expansion and is projected to surpass $100 billion by 2030, growing at an impressive CAGR (Compound Annual Growth Rate) of 21.81%. Over the past five years, sales of high-end and ultra-luxury properties have doubled, driven by rising HNI wealth, digital-first purchasing trends, and increasing institutional investment in the real estate technology space.
Proptech innovation is accelerating alongside this market growth. India’s proptech sector has already attracted over $1.5 billion in funding and is expanding at a rate of 15-20% annually.
Lighthouse Proptech After Funding
Ganesh Raju, Founder of Turbostart Global, emphasized how proptech is driving change in India’s luxury real estate landscape. “India’s luxury real estate boom is being shaped by proptech innovation, and the numbers tell the story – high-end housing sales have doubled in top-tier cities, institutional capital is pouring into real estate technology, and AI-driven purchasing is now mainstream. Lighthouse PropTech is positioned at the heart of this transformation.”
Ganesh added, “With 40+ years of combined experience, Sumesh and Murtuza are bringing deep market expertise and a cutting-edge technology-driven vision to a sector that is primed for disruption. We are excited to back their journey as they scale to define the future of luxury real estate.”
Sumesh Mishra, Founder of Lighthouse PropTech, highlighted the significance of the partnership. “Luxury real estate is evolving rapidly, and the demand for seamless, tech-powered portfolio management has never been higher. Partnering with Turbostart gives us more than capital – it brings a high-impact ecosystem of strategic expertise, industry connections, and deep technology enablement. This partnership will accelerate our mission to redefine how HNIs and UHNIs buy, sell, and manage real estate in a market set to double in value over the next five years.”
Future of Luxury Real Estate in India
With this funding and strategic backing from Turbostart and other influential investors, Lighthouse PropTech is poised to lead the transformation of India’s luxury real estate market. By integrating AI, digital tools, and expert insights, the company aims to redefine how high-net-worth individuals engage in property transactions.
As India’s proptech sector continues to grow, Lighthouse PropTech’s innovative platform is expected to play a key role in shaping the future of luxury real estate.
