Anarock Secures ₹200 Crore Funding to Accelerate Expansion and Innovation

Anarock, a leading real estate services company, has successfully raised ₹200 crore in funding, with 360 ONE Asset Management Ltd (formerly known as IIFL Asset Management) leading the investment round. The newly acquired funds will be deployed to bolster Anarock's technological infrastructure, expedite its expansion efforts, and introduce innovative solutions in the realm of real estate services.

Anuj Puri, Chairman of Anarock, stated in a press release, "The capital has been earmarked for faster business expansion and fine-tuning our proprietary proptech platforms, which have proved to be game changers for our real estate marketing capabilities. We will continue to explore new high-growth business opportunities."

Sameer Nath, Chief Investment Officer and Head of Venture Capital & Private Equity at 360 ONE Asset, expressed admiration for the technological infrastructure and innovative platforms developed by Anarock. He added, "We look forward to partnering with Anuj, Rohin, and the entire Anarock team in the next phase of their exciting growth journey."

Rohin Shah, Director & Co-Founder of Anarock, emphasized the collaboration's potential to leverage their 30 years of experience in the Indian real estate market. He highlighted the commitment to accelerating the development of innovative and market-leading real estate solutions driven by research and technology for developers, investors, and occupiers across all major sectors.

HBL