Turbostart has invested $1 million in Lighthouse PropTech as part of a $2.5 million funding round, joined by the Dabur Family Office and other HNI investors. The funding values Lighthouse PropTech at $13.5 million and will drive its expansion in India’s luxury real estate market.

India’s luxury real estate sector is set to surpass $100 billion by 2030, growing at a 21.81 per cent CAGR, with proptech innovation fueling market transformation. The sector has attracted over $1.5 billion in funding, expanding at 15-20 per cent annually.

Ganesh Raju, Founder, Turbostart Global, said, “Lighthouse PropTech is positioned at the heart of India’s luxury real estate transformation. With 40+ years of combined experience, Sumesh and Murtuza bring deep market expertise and a technology-driven vision to a sector ready for disruption.”

Sumesh Mishra, Founder, Lighthouse PropTech, added, “Luxury real estate is evolving rapidly. This partnership with Turbostart brings not just capital, but strategic expertise, industry connections, and deep technology enablement to redefine HNI and UHNI real estate transactions.”

With this funding, Lighthouse PropTech aims to scale its technology-driven platform for seamless luxury real estate transactions, leveraging AI and digital-first solutions in a fast-growing market.