Lighthouse PropTech, a proptech startup has raised $2.5 million in a new funding round led by Turbostart, a global early-stage venture capital firm and accelerator with an investment of $1 million.
The round also saw participation from the Dabur Family Office and several other HNI family offices joined the round, valuing the company at $13.5 million.
The funds raised will be used to fuel its expansion as it builds a technology-driven platform for luxury real estate transactions in India.
“Luxury real estate is evolving rapidly, and the demand for seamless, tech-powered portfolio management has never been higher. Partnering with Turbostart gives us more than capital – it brings a high-impact ecosystem of strategic expertise, industry connections, and deep technology enablement. This partnership will accelerate our mission to redefine how HNIs and UHNIs buy, sell, and manage real estate in a market set to double in value over the next five years,” said Sumesh Mishra, Founder of Lighthouse PropTech.
“India’s luxury real estate boom is being shaped by proptech innovation, and the numbers tell the story – high-end housing sales have doubled in top-tier cities, institutional capital is pouring into real estate technology, and AI-driven purchasing is now mainstream. Lighthouse PropTech is positioned at the heart of this transformation. With 40+ years of combined experience, Sumesh and Murtuza are bringing deep market expertise and a cutting-edge technology-driven vision to a sector that is primed for disruption. We are excited to back their journey as they scale to define the future of luxury real estate,” said Ganesh Raju, Founder of Turbostart Global.
Founded in 2023 by Sumesh Mishra and Murtuza Contractor, Lighthouse PropTech is building a next-generation digital platform for HNIs and UHNIs to buy, sell, and manage high-end properties seamlessly.
Going forward, Lighthouse PropTech plans to expand into key metro cities, introduce advanced data intelligence tools, and integrate blockchain solutions for secure transactions, positioning itself at the forefront of India’s luxury real estate boom.
