Landeed raises funds from Paradigm Shift VC

Landeed, a property title search engine platform, has raised funds from Paradigm Shift VC. The Hyderabad-based startup raised $8.3 million in a funding spherical led by Y Combinator, Draper Associates and Bayhouse Capital in in January 2023.

“The brand new capital will likely be utilised to extend Landeed’s product line and additional improve its workforce enlargement to assist its enlargement plans in India and overseas,” Sanjay Mandava, Co-founder and CEO of Landeed, has stated.

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“We now have registered over 5 million downloads, making it the biggest title search engine within the nation,” he stated.

The startup permits property homeowners, brokers, builders, and authorized advisors to entry actual property data for constructing, lending, and transacting properties.

“Over 100,000 property homeowners and brokers have already utilised Landeed’s platform to purchase, promote, and construct actual property, underscoring the startup’s vital affect on the business,” he stated.

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The startup just lately launched an AI Property Analyser, which gives a whole possession historical past of properties, from the preliminary proprietor to the newest, together with any transactions or encumbrances. 

“Although we weren’t actively elevating funds, we determined to maneuver ahead with their funding attributable to our sturdy relationship. We’ll use this extra assets to increase our consumer-side choices and scale our engineering crew,” Mandava stated.



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