Bengaluru-based prop-tech start-up Crib raises Rs 15 crore in its Seed round co-led by We Founder Circle and Rebright Partners.

The round saw participation from more than 50 founders and tech operators like Vijay Shekhar Sharma ( CEO, Paytm), Kunal Shah (CEO, Cred), Ghazal Alagh (Co-Founder, Mamaearth), Ramakant Sharma (COO, Livspace), Sandeep Aggarwal (Founder, Droom, ShopClues), Ravi Bhushan (CEO, BrightChamps, Housing), Ankur Aggarwal (Co-founder, Dunzo) along with various angel syndicates and funds like Imperier Holdings, FAAD, Rogue Opportunities, Sigurd Ventures, Beej Network, Dream Green Capital Venture, Supermorpheus Fund etc.
 
Founded in 2022 by Sunny Garg, Shaifali Jain and Archit Chauhan, Crib is a digital ecosystem that connects landlords, tenants and entrepreneurs. For landlords, Crib offers a SaaS-based solution that drives operational excellence, streamlines finances and boosts sales making it a go-to platform for rental housing business owners. For tenants, Crib offers a new-age platform to explore and book properties while enjoying exclusive discounts.

The company recently announced its #BeAnEntrepreneur campaign with the intent to foster the spirit of entrepreneurship and self-reliance amongst students and early working professionals. 

“The real estate as we know it today, belongs to the youth, the next generation that will soon be bound to take up the responsibilities of managing and growing their forefather’s investments. We at Crib are building the digital infrastructure to support these upcoming property owners by creating the ultimate property solution,” said Sunny Garg, Co-Founder & CEO at Crib.

“Within 12 months of launch, we have built a solid foundation across 10+ cities in India including Bangalore, Hyderabad, Pune, Chennai, Ahmedabad & Delhi NCR. At present, over 500 landlords managing upto 1,00,000 rental units are collecting an annual rental revenue of Rs. 900 crore. on Crib’s SaaS platform,” noted Shaifali Jain, Co-founder, COO & CPO at Crib.

“I have known the founders since 2017 when they were building YourShell, their professional growth over the past 6 years combined with their persistent passion for the housing industry is a clear sign that they are the best team to crack this market.” said Neeraj Tyagi, Co-Founder WeFounderCircle.