TERRAGI.IN secure INR 10 Million in pre-series funding
New Delhi: Terragi.in is a unique, first-of-its-kind B2B Inventory Platform that connects brokers directly with builders.
The INR 10 million raised by Terragi Tech Solution Pvt Ltd. from a group of strategic HNWIs in pre-series will be spent on strengthening the leadership team, product development, tech advancement and expansion of the Gurugram sales & starting Delhi NCR operations.
The proptech solution platform, www.terragi.in, co-founded by Mr. Navin Ratra, a real estate veteran along with Mr. Karunaniddhan Midha and Mr. Bipin Taneja, was launched in December 2022. The android app is already available on the play store and the IOS app is under development and should be available soon.
Terragi is a bridge between brokers and builders and allows easy conversation between brokers and builders. The company has onboarded 80+ brokers and is helping them save huge operational costs of surveyors’ salaries.
Mr. Navin Ratra, Co-Founder and CEO, a real estate veteran with over 3 decades of experience, while talking about the evolution of Terragi as an inventory platform, further adds, “the journey and process of evolution of Terragi are mirrored in the early adoption by leading market brokers. The validation by our early customers proves that there was room for such a niche platform to disrupt the real estate space. The niche inventory platform is already successfully making broking convenient with the help of tech intervention”.
From hiring a team of all skilled individuals, assuring the usage of modern technological advances, and making sure to make the best use of it, the company has focused on maintaining everything to attending to the requirements to build a stronger inventory and sales teams. Providing Proptech solutions and making efforts to redefine inventory management, the platform was initially launched with over 8000 builder floor inventory data for 49+ micro markets residential localities.
Mr. Karan Midha, the Co-Founder, further states that “the real estate landscape and orthodox ways of real estate processes will change now, and the early adopters will stand to gain. And eventually, the end user will benefit from this paradigm shift in how the broker fraternity operates”.