Zapkey Technologies has secured fresh funding led by the DSP Group Family Office with participation from existing investors — Gruhas Proptech and DLF Family Office.
Zapkey plans to utilize the funding to support its geographical expansion and strengthen its technology.
The startup says that the pricing on its platform is driven by proprietary algorithms which track over 1 crore property registration records, thereby claiming to ensure a fair market price and transparency in sales.
Over the past year, Zapkey has attracted over 8,000 home sellers to its platform and engages over 2,500 local brokers as part of its distribution network.
Zapkey also introduced a first-of-its-kind homebuyer value proposition last year. It also began offering ready-to-move-in homes with no GST, pre-verified ownership documents, instant site visits, pre-negotiated home prices, and a 30-day buyback guarantee if any home buyer runs into any predefined issues with a home bought through the platform.