Lighthouse PropTech raises $2.5 million led by Turbostart, the Dabur Family office, others

Lighthouse PropTech has raised $2.5 million in a funding round led by Turbostart with a $1 million investment. Turbostart is a global early-stage venture capital firm and accelerator. 

The Dabur Family Office and several other HNI family offices joined the round, valuing the startup at $13.5 million. It plans to use the raised capital for expansion as it builds a technology-driven platform for luxury real estate transactions in India.

What does Lighthouse PropTech do?

Lighthouse PropTech is building a next-generation digital platform to transform luxury real estate transactions for HNIs and UHNIs, providing a seamless, AI-powered investment experience.

India's luxury real estate market is experiencing unprecedented growth, with the segment expected to cross $100 billion by 2030, growing at a CAGR of 21.81%. In the last five years alone, the share of high-end and ultra-luxury housing sales has doubled, driven by rising HNI wealth, digital-first transactions, and institutional investments.

As a result, proptech innovation is accelerating, with India's proptech sector attracting over $1.5 billion in funding and growing at 15-20% annually.

Leadership comments

"India's luxury real estate boom is being shaped by proptech innovation, and the numbers tell the story - high-end housing sales have doubled in top-tier cities, institutional capital is pouring into real estate technology, and AI-driven purchasing is now mainstream. Lighthouse PropTech is positioned at the heart of this transformation," said Ganesh Raju, Founder of Turbostart Global.

"With 40+ years of combined experience, Sumesh and Murtuza are bringing deep market expertise and a cutting-edge technology-driven vision to a sector that is primed for disruption. We are excited to back their journey as they scale to define the future of luxury real estate," Ganesh added.

"Luxury real estate is evolving rapidly, and the demand for seamless, tech-powered portfolio management has never been higher. Partnering with Turbostart gives us more than capital - it brings a high-impact ecosystem of strategic expertise, industry connections, and deep technology enablement. This partnership will accelerate our mission to redefine how HNIs and UHNIs buy, sell, and manage real estate in a market set to double in value over the next five years," said Sumesh Mishra, Founder of Lighthouse PropTech.