India, March 20 -- Proptech startup Lighthouse PropTech has secured $1 Mn (around INR 8.6 Cr) as a part of its $2.5 Mn (around INR 21.5 Cr) funding round led by Turbostart, along with participation from the Dabur family office and other high-net-worth individual (HNI) investors.

The round valued the company at $13.5 Mn.

The startup plans to use the fresh capital to scale up its operations and expand market presence.

Founded by Sumesh Mishra and Murtuza Contractor in 2023, Lighthouse PropTech claims to be building a tech-driven platform for luxury real estate transactions in India, aimed at streamlining high-end property deals through digital solutions.

Mishra said that the partnership with Turbostart will provide strategic support bey...