Property Share, an online real estate investment platform that enables fractional ownership of property. It has raised a Series A funding round led by venture capital firm Lightspeed Venture Partners, two people privy to the transaction told TechCircle on the condition of anonymity.
“The company is seeing good momentum and has closed its Series A round, led by Lightspeed,” said one of the persons cited above. The size of the round could not be ascertained.
It was also not immediately clear which of the startup’s existing investors participated in the round.
Owned by Bengaluru-based Property Share Online Platform Private Limited. The ventures last raised funding in March 2017 in a round led by Japanese asset management firm Asuka Holdings. The amount was undisclosed. Prior to that, it raised $530,000 from venture capital firms Beenext and Pravega Ventures.