Square Yards Achieves $1B Valuation Following Capital Infusion
Indian proptech platform Square Yards has officially entered the unicorn club, raising ₹900 crore (~$95 million) in a combined debt and equity funding round. The round was anchored by EAAA Alternatives and Muzinich & Co., pushing the company’s valuation past the $1 billion mark. This represents a significant valuation increase from its previous funding round in December 2025, which valued the firm at $900 million.
Strong Financial Performance Drives Impressive IPO Projections
The capital infusion will support Square Yards’ expansion into financial services and property management. The firm reported strong financial results for FY26, with revenue growing 48% to ₹2,086 crore and EBITDA reaching ₹176 crore. Square Yards is planning a pre-IPO raise of $50–60 million at a target valuation of $1.6 billion ahead of its planned ₹2,000 crore public listing.
