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Proptech startup Reloy sees 40% revenue growth to Rs 25 cr on strong demand

Business Standard LogoBusiness Standard9h ago

Proptech startup Reloy sees 40% revenue growth to Rs 25 cr on strong demand - Business Standard

Quick Summary:

HDFC Capital-backed Proptech startup Reloy, which helps builders generate referral sales, is likely to achieve nearly 40 per cent revenue growth to Rs 25 crore this fiscal on strong housing demand.

During the last financial year, Reloy had helped builders in generating Rs 1,450 crore worth of referral sales.

"The demand continues to be strong, especially for reputed builders who have a good track record of delivering projects on time," Saraf said.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 10:41:39 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23913612

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 286 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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