| 词条 | Square Yards |
| 释义 |
| name = Square Yards | logo = Square Yards Logo.png | screenshot = | caption = | dissolved = | location = Gurgaon, India | locations = 10 countries & 31 cities | founder = Tanuj Shori, Kanika Gupta[1] | CEO = Tanuj Shori | parent = | divisions = | url = {{URL|www.squareyards.com}} | language = English | footnotes = | company_type = E-commerce, Real Estate | traded_as = | foundation = {{Start date|df=yes|2013|11}} | incorporated = | area_served = India, UAE, Hong Kong, Singapore, London, Australia, Qatar, Oman, USA, and Canada | num_employees = 1000+ | subsid = | company_slogan = | launch_date = November 2013 | current_status = Online | intl = }}Square Yards is a technology enabled transaction platform. It owns and operates the real estate aggregation and transaction portal squareyards.com and Square Connect mobile app for property brokers.[2] The company claims to be the #1 pan-India distributor by revenues for primary residential real estate in India, and virtual monopoly in key NRI markets.[3][4] It aggregates 6000 realty projects of around 500 developers and builders and distributes around 27,000 different configurations of homes. It also has a network of 15,000 brokers in 31 cities in India and overseas.[5] The company has a presence in 10 countries including India, UAE, Qatar, Oman, Singapore, UK, Hong Kong, Australia and Canada. Its customers are serviced by Portfolio Managers and Relationship Managers (like private banking) with Property purchase Documentation, Home Loan/Mortgage Support, Taxation & Legal services, Portfolio management and restructuring etc.[6] In November 2016, Square Yards raised $12 million from Reliance ADAG group in series A round.[7] Earlier in 2015, Squareyards had raised $11 million in pre-Series A funding from a clutch of investors based in Singapore and Hong Kong.[8] HistorySquare Yards was founded in 2013 by Tanuj Shori, an alumnus of Indian Institute of Management- Lucknow, ex banker with Nomura and Lehman Brothers; and Kanika Gupta, an alumnus of Wharton Business School in Hong Kong. It is headquartered at Gurgaon, India.[9] Ṭhe duo spotted an opportunity in NRIs. Many wished to invest in Indian real estate but did not have access to unbiased information to do research and requisite support and post transaction services. When they found the NRI demand flowing in, the company quickly expanded base in India by establishing offices in top metro cities and building relationships with top developers. Over the next one-and-half years, Square Yards established its presence in 15 Indian cities and five countries and claimed to have gained a virtual monopoly in the NRI markets of Singapore, Hong Kong, Dubai, Abu Dhabi and London. ExpansionSquare Yards has its Indian offices in Gurgaon, Ahmedabad, Bangalore, Chennai, Jaipur, Hyderabad, Kolkata, Mumbai, Noida, New Delhi, Pune, Navi Mumbai, Vizag, Vijaywada and international offices in Abu Dhabi, Dubai, Sharjah, Hong Kong, Singapore, Toronto, Vancouver, Doha, Muscat, Baharain, Kuwait, Sydney and Melbourne. Square Yards set to go on an expansion spree in 2018. [10] In November 2016, Squareyards opened its offices in Vancouver and Toronto[11] In Jan 2016, Squareyards opened its offices in Australia and Muscat[12] In October 2015, Squareyards opens office in Qatar[13] Revenue and GrowthSquare Yards' primary source of revenue is sales commissions and marketing fees from builders. The company currently claims transaction run rate of ~600-800/month; more than any online or organized offline real estate player in India[14] In October 2016, Squareyards crossed $1billion worth property transactions[15] In September 2016, Squareyards was considered in global top ten list by Property Portal Watch [16] In March 2016, Squareyards has announced its doubled revenue run rate, which is likely to cross Rs. 200 crore in gross revenues from Rs. 100 crore in a span of six months.[17] In April 2016, the company facilitated sales of US$60 million worth of international property through 200+ transactions for developers based out of Dubai, UK, Singapore, Hong Kong and several other key International markets.[18] In August 2017, Square Yards, a tech-backed transaction and aggregation platform for global real estate, succeeded in expanding its workforce.[19] In September 2017, Square Yards announced the launch of a dedicated property portal in UAE called “squareyards.ae”. [20] In November 2017, Square Yards launched Square Connect, a mobile app-based aggregation platform to help brokers widen their geographical reach & tap into an inventory of real estate projects. [21] By the end of 2017, Square yards touched US$947 million in Gross Transactional Value and registered 84% revenue growth from 2016. [22] In May 2018, SquareYards reported a rise of 70 per cent in net revenue to US$23 million in FY'18 [23] Forbes India published the success journey of Square Yards in July'18, featuring the founder and CEO, Tanuj Shori: Square Yards- Chasing Glory in Unchartered Waters. [24] On September 13, 2018, Business Standard published the success story of the Square Yards Azadi Tour which marked the turning point of the Indian real estate industry with 950+ transactions. [25] In August, 2018, Business World featured an article authored by Kapil Malhotra, Principal Partner & Head, North & East India, Square Yards, on how the Indian real estate market is witnessing a flurry of investments or joint venture bids from foreign investors and private equity owners. [26] The Finapolis published an article on November 28, 2018 on how Square Capital, the digital lending marketplace arm of India’s largest real estate marketplace Square Yards emerged, keeping up with digitalisation and the growth of Indian FinTech sector. [27] Awards and RecognitionsSquare Yards has been awarded under the category of “Best Start-ups to Work For, 2018” by Silicon India, for its superior tech abilities that can run a multitude of tech platforms for end customers, B2B channels and internal employees. [28] Mergers and acquisitionsIn June 2015, Square Yards announced its merger with www.realizing.in, a tech platform for online real estate search & discovery.The entire team of Realizing.in joined Square Yards, with its founders, Vivek Agarwal and Hitesh Singla, joining Square Yards executive committee as Partners. realizing.in portal was rechristened as squareyards.com.[29][30] In the same month, Squareyards acquired a Singapore-based luxury property advisory firm LUXE Real Estate. This acquisition enabled Squareyards to have direct access into the prime district areas of Singapore real estate market and catapult it into the top 30 agencies by number of agents. The deal is part of the company’s strategy to expand and strengthen its presence in international markets.Babar, Kailash.[31][32][33] In October 2015, Squareyards announced the acquisition of Oryden Tech Labs, Ahmedabad-based creative and design studio specialising in 3D architectural designs, process visualisation, digital walk-throughs and virtual reality. As part of the acquisition, the entire team of Oryden, founded in 2012 by IIM-Ahmedabad alumnus Keyur Bhalavat and design specialist Ravi Patel, joined Square Yards.[34] Square ConnectSquare Connect is a mobile app for Real Estate brokers that offers access to projects. It has other features for client management, tracking payments and accruals, news and updates, loan EMI calculators etc.[35] Bling MarketingBling Events is the event management arm of the Square Global group. Bling facilitated Dubai-based Developer Deyaar's foray into the national capital of India. [36] Square CapitalSquare Capital is the financial management arm of Square Yards that specializes in providing loan advisory services. In July 2016, Square Yards invested $2million in online home platform [37] In April 2016, Squareyards forayed into fintech with mortgage arm Square Capital [38] References1. ^{{citeweb|URL=http://www.moneycontrol.com/news/real-estate/how-to-identifybest-home-for-yourself_2179761.html#anchore_top_strip|work=moneycontrol.com|title=How to identify the best home for yourself?|accessdate=31 July 2015}} 2. ^{{citeweb|URL=http://www.financialexpress.com/article/companies/square-yards-launches-the-square-connect-app-to-disrupt-the-primary-real-estate-industry-with-mobile/124731/|work =financialexpress.com|title=Square yard launches the square connect app to disrupt the primary real estate industry with mobile|accessdate=25 August 2015}} 3. ^{{citeweb|URL=http://businesswireindia.com/news/news-details/square-yards-launches-square-connect-app-disrupt-primary-real-estate-i/44949 |work= thebusinesswireindia.com |title=Square Yard launches square connect app disrupt primary real estate|accessdate=24 August 2015}} 4. ^{{citeweb|URL=http://articles.economictimes.indiatimes.com/2015-06-17/news/63540616_1_merger-estate-bandwidth|work=The Economic Times|title=Barbar Kailash|accessdate=16 October 2015}} 5. ^{{citeweb|URL=http://economictimes.indiatimes.com/wealth/real-estate/news/square-yards-looks-to-expand-broker-network-through-roadshows/articleshow/49268180.cms|work=The Economic Times|title=Barbar Kailash|accessdate=16 October 2015}} 6. ^{{citeweb|URL=http://thecitynews.in/square-yards-forays-indian-real-estate-market/|work=thecitynews.in|title=Mallya Harshith|accessdate=16 October 2015}} 7. ^{{citeweb|URL=http://economictimes.indiatimes.com/wealth/real-estate/anil-ambani-puts-rs-80-crore-in-e-realty-firm-square-yards/articleshow/55321898.cms?from=mdr|work=The Economic Times|title=Anil Ambani puts Rs 80 crore in e-realty firm Square Yards By Indulal PM, Kailash Babar|accessdate=18 July 2017}} 8. ^{{citeweb|URL=http://articles.economictimes.indiatimes.com/2015-05-04/news/61800235_1_singapore-estate-market-hong-kong|work=The Economic Times|title=Square Yards raises $6mn from Singapore,Hong Kong-based investors|accessdate=16 October 2015}} 9. ^{{citeweb|URL=https://www.vccircle.com/property-advisory-portal-square-yards-merge-real-estate-research-firm/|work=vccircle.com|title=Real estate research firm Realizing.in to merge with property advisory portal Square Yards|accessdate=16 June 2015}} 10. ^{{citeweb|URL=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/realty-platform-square-yards-plans-expansion/articleshow/62294428.cms|work=Economic Times|title=Realty platform Square Yards plans expansion }} 11. ^{{citeweb|URL=http://realty.economictimes.indiatimes.com/news/commercial/square-yards-opening-up-new-offices-in-toronto-and-vancouver/55309559|work=The Economic Times|title=Square Yards opens offices in Toronto & Vancouver|accessdate=18 July 2017}} 12. ^{{citeweb|URL=http://www.thehindubusinessline.com/news/real-estate/square-yards-opens-offices-in-australia-muscat/article8123813.ece|work=The Hindu Business Line|title=Square Yards opens offices in Australia, Muscat|accessdate=18 July 2017}} 13. ^{{citeweb|URL=http://timesofindia.indiatimes.com/business/india-business/Indian-real-estate-aggregator-Square-Yards-opens-office-in-Qatar/articleshow/49260234.cms|work=The Times of India|title=Indian real estate aggregator Square Yards opens office in Qatar|accessdate=18 July 2017}} 14. ^{{citeweb|URL=http://economictimes.indiatimes.com/wealth/real-estate/anil-ambani-puts-rs-80-crore-in-e-realty-firm-square-yards/articleshow/55321898.cms|work=The Economic Times|title=Anil Ambani puts Rs 80 crore in e-realty firm Square Yards|accessdate=18 July 2017}} 15. ^{{citeweb|URL=http://www.financialexpress.com/companies/square-yard-crosses-1-billion-worth-property-transactions/426176/|work=The Financial Express|title=Square Yard crosses $1 billion worth property transactions|accessdate=21 October 2016}} 16. ^{{citeweb|URL=http://www.aninews.in/newsdetail-MA/Mjc5NTc0/propertyportalwatch-puts-squareyards-on-global-top-ten-list.html|work=ANI|title=Property portal watch puts Square Yards on global top ten list|accessdate=14 September 2016}} 17. ^{{citeweb|URL=http://timesofindia.indiatimes.com/city/delhi/Square-Yards-doubles-revenue-with-strong-real-estate-supply-chain/articleshow/51601825.cms|work=The Times of India|title=Square Yards doubles revenue with strong real estate supply chain|accessdate=29 March 2016}} 18. ^{{citeweb|URL=http://www.business-standard.com/article/news-ani/square-yards-set-for-exponential-growth-for-global-real-estate-116042800759_1.html|work=Business Standard|title=Square Yards set for exponential growth for global Real Estate|accessdate=28 April 2016}} 19. ^{{citeweb|URL=http://www.business-standard.com/article/news-ani/driving-employment-in-real-estate-square-yards-ramps-up-its-workforce-to-over-2000-117080900782_1.html|work=Business Standard|title=Driving employment in real estate: Square Yards ramps up its workforce to over 2000}} 20. ^{{citeweb|URL=http://www.business-standard.com/article/news-ani/square-yards-launches-dedicated-portal-for-property-squareyards-ae-in-uae-117092800722_1.html|work=Business Standard|title=Square Yards launches dedicated portal for property 'squareyards.ae' in UAE}} 21. ^{{citeweb|URL=http://bwdisrupt.businessworld.in/article/Square-Connect-Mobile-App-Enables-Brokers-to-Make-Larger-Commissions-on-Exclusive-Properties-/29-11-2017-133128/|work=Business Standard|title=Square Connect Mobile App Enables Brokers to Make Larger Commissions on Exclusive Properties}} 22. ^{{citeweb|URL=http://www.business-standard.com/article/news-ani/square-yards-clocks-usd-947-million-gtv-84-revenue-growth-117122900601_1.html|work=Business Standard|title=Square Yards clocks US$947 million GTV, 84% revenue growth}} 23. ^{{citeweb|URL= http://www.business-standard.com/article/pti-stories/square-yards-net-revenue-up-70-at-23-mn-in-fy-18-118051800438_1.html |work=Business Standard|title=Square Yards net revenue up 70% at $23 mn in FY'18 }} 24. ^{{citeweb|URL= http://www.forbesindia.com/article/brand-connect/square-yards-chasing-glory-in-unchartered-waters--how-it-is-changing-the-landscape-and-journey-within/50879/1 |work=Forbes India|title= Square Yards: How it is changing the landscape and journey within }} 25. ^{{citeweb|URL= https://www.business-standard.com/article/news-ani/square-yards-azadi-tour-highlights-industry-revival-with-950-real-estate-transactions-118091300329_1.html |work=Business Standard|title= Square Yards' Azadi Tour highlights industry revival with 950 real estate transactions }} 26. ^{{citeweb|URL= http://www.businessworld.in/article/5-Trends-Driving-Real-Estate-Sector-This-Year-And-Beyond/05-08-2018-156667/|work=Business World|title= 5 Trends Driving Real Estate Sector This Year And Beyond }} 27. ^{{citeweb|URL= https://www.thefinapolis.com/news/artmid/677/articleid/4653/categoryid/76/categoryname/the-finapolis-conversation/%E2%80%98a-major-part-of-lending-and-loan-disbursal-process-will-eventually-move-online%E2%80%99|work=The Finapolis|title= A Major Part Of Lending And Loan Disbursal Process Will Eventually Move Online }} 28. ^{{citeweb|URL= https://www.siliconindiamagazine.com/magazine/best-startups-to-work-for-2018/index.php?page=42|work=Silicon India|title= Award: Best Start-ups to Work For, 2018- Square Yards }} 29. ^{{citeweb|URL=http://articles.economictimes.indiatimes.com/2015-06-17/news/63540616_1_merger-estate-bandwidth|work=The Economic Times|title=Real estate advisory Square Yards to merge with Realizing.in|accessdate=19 October 2015}} 30. ^{{citeweb|URL=http://www.livemint.com/Companies/r2le5re7o6T79EQdLzvMQM/Square-Yards-acquires-Realizingin.html|work=Live Mint|title=Square Yards acquires Realizing.in|accessdate=19 October 2015}} 31. ^{{citeweb|URL=http://articles.economictimes.indiatimes.com/2015-06-25/news/63831266_1_gulf-countries-square-yards-next-two-quarters|work=The Economic Times|title=Square Yards acquires Singapore-based realty advisory LUXE Real Estate|accessdate=25 June 2015}} 32. ^{{citeweb|URL=http://www.livemint.com/Home-Page/hd7mzyX3fVfi7suPUbKrzI/Square-Yards-acquires-Singaporebased-property-consultant-LU.html|work=livemint.com|title=Square Yards acquires Singapore-based property consultant LUXE Real Estate|accessdate=19 October 2015}} 33. ^{{citeweb|URL=http://www.thehindubusinessline.com/news/real-estate/square-yards-buys-luxe-real-estate/article7350718.ece|work=thehindubusinessline.com]]|title=Square Yards buys Luxe Real Estate|accessdate=19 October 2015}} 34. ^{{citeweb|URL=http://www.livemint.com/Companies/RPyDlJ8RBntykIu3MTd3AP/Square-Yards-acquires-creative-design-studio-Oryden-Tech-Lab.html|work=livemint.com|title=Square Yards acquires creative design studio Oryden Tech Labs|accessdate=19 October 2015}} 35. ^{{citeweb|URL=http://www.financialexpress.com/article/companies/square-yards-launches-the-square-connect-app-to-disrupt-the-primary-real-estate-industry-with-mobile/124731/|work=The Financial Express|title=Financial Express|accessdate=19 October 2015}} 36. ^{{citeweb|URL=http://www.thehindubusinessline.com/business-wire/dubaibased-developer-deyaars-foray-into-the-national-capital-received-significant-success/article9261740.ece|work=The Hindu Business Line|title=Dubai-based Developer Deyaar's foray into the national capital received significant success|accessdate=24 October 2016}} 37. ^{{citeweb|URL=http://realty.economictimes.indiatimes.com/news/allied-industries/square-yards-to-invest-2-million-in-online-home-loan-platform-targets-to-double-disbursements-to-rs-1500-crore/53397508|work=The Economic Times|title=Square Yards to invest $2 million in online home loan platform, targets to double disbursements to Rs 1,500 crore|accessdate=30 July 2017}} 38. ^{{citeweb|URL=http://www.business-standard.com/article/news-ani/square-yards-forays-into-fintech-with-mortgage-arm-square-capital-116072600764_1.html|work=business-standard.com|title=Square Yards forays into fintech with mortgage arm Square Capital|accessdate=30 July 2017}} 3 : Indian companies established in 2013|Companies based in Gurgaon|Real estate companies of India |
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