Real estate platform Square Yards has entered the unicorn club in India by raising a fresh investment of Rs 900 crore ($95 million). With this, the company's total valuation has crossed the $1 billion mark. This amount was provided by big investors like EAAA Alternatives and Muzinich & Co. The company is currently preparing for a future IPO.

Founded by Tanuj Shorey and Kanika Gupta, the company offers all real estate-related services including property transactions, home loans, rentals, interior designing, etc. Apart from India, they also have operations in countries like UAE, Australia and Canada. The company managed to generate a healthy revenue of Rs 2,086 crore in the last financial year (FY26), which is 48 percent more than the previous year.

Square Yards also has subsidiaries like Urban Money, Azuro, and Interior Company. Of these, Urban Money, which provides housing loans, disbursed loans worth Rs 87,831 crore last year alone. In addition, the company is also making good use of modern technologies like AI and VR to provide an experience similar to seeing homes and places in person.