{"id":22769,"date":"2023-06-26T11:53:13","date_gmt":"2023-06-26T11:53:13","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2023\/06\/26\/clutterfree-raises-funds-at-45-crore-valuation-from-angel-investors\/"},"modified":"2023-06-26T11:53:13","modified_gmt":"2023-06-26T11:53:13","slug":"clutterfree-raises-funds-at-45-crore-valuation-from-angel-investors","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2023\/06\/26\/clutterfree-raises-funds-at-45-crore-valuation-from-angel-investors\/","title":{"rendered":"Clutterfree raises funds at 45 crore valuation from angel investors"},"content":{"rendered":"<div>\n<p><img width=\"1200\" height=\"675\" src=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2023\/06\/Clutterfree-PNN-Image.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Clutterfree\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2023\/06\/Clutterfree-PNN-Image.jpg 1200w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/06\/Clutterfree-PNN-Image-300x169.jpg 300w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/06\/Clutterfree-PNN-Image-1024x576.jpg 1024w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/06\/Clutterfree-PNN-Image-768x432.jpg 768w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/06\/Clutterfree-PNN-Image-150x84.jpg 150w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/06\/Clutterfree-PNN-Image-450x253.jpg 450w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/p>\n<p><strong>New Delhi [India], June 26:<\/strong> Clutterfree, a real estate and home improvement platform which provides premium services to new and existing homeowners, has raised funds at a 45 crore valuation.<\/p>\n<p>The Investment Partners and Advisors in Clutterfree are:<\/p>\n<p>\u2013 R Sridhar \u2013 Ex Shriram Capital CEO, Texas Pacific group-partner &amp; Ex Indostar Capital CEO<\/p>\n<p>\u2013 Jayant Balan \u2013 VoltasBeko CEO<\/p>\n<p>\u2013 Rahul Agrawal \u2013 Founding Team, Myntra &amp; Currently Founder \u2013 CEO, Workspaces<\/p>\n<p>\u2013 Sudhir Syal \u2013 Ex BookMyShow CEO (Middle East &amp; Indonesia) and Ex-Lenskart CBO (Middle East) and currently CEO of Startify<\/p>\n<p>\u2013 Ritul R \u2013 Director in a Multinational Bank<\/p>\n<p>\u2013 Ajith Sowndararajan \u2013 Ex Freshworks (Freshdesk) &amp; Currently Director, Flipkart<\/p>\n<p>Kaustuban Rajagopal, the Founder and CEO of Clutterfree Proptech Pvt Ltd, has over two decades of experience in the financial services and wealth management industry.\u00a0<\/p>\n<p>He has successfully set up and raised funds for real estate projects valued at over 1.3 billion US dollars, i.e. roughly Rs.10,000 crores.<\/p>\n<p>In a previous stint with a leading property development firm that funds top-tier property developers, Kaustuban grew the business significantly \u2013 helping it expand from a single city to over 40 cities across India in a span of 6 years.<\/p>\n<p>The Core founding team at Clutterfree has over 50 years of experience in the Financial Services and Real estate industry. The founding team has diverse experience in Fractional real estate ownership, Mutual funds, Life Insurance, Information technology, Market research and Interior design.<\/p>\n<p>R Sridhar, Ex-CEO of Shriram Transport Finance Corporation and Indostar Capital, says, \u201cIn general, real estate and related services are unorganised, and there is a dearth of premium service providers. I am both an investor and a client with Clutterfree. With the founding team\u2019s background and a reasonable market size that is to be addressed, I am certain Clutterfree is going to create a niche for itself.\u201d<\/p>\n<p>Sudhir Syal, Ex BookMyShow CEO (Middle East &amp; Indonesia) and Ex-Lenskart CBO (Middle East) and CEO at Startify, says, \u201cI am excited to see Clutterfree\u2019s solid team build this business in a highly fragmented market. I am looking forward to Clutterfree\u2019s Middle East expansion.\u201d<\/p>\n<p>Kaustuban Rajagopal, the Founder and CEO of Clutterfree Proptech Pvt Ltd, says, \u201cWe are excited to have marquee investors backing us at Clutterfree. Their deep expertise, mentorship and invaluable insights are catalysing our strategic business expansion and growth plans.\u201d<\/p>\n<p>The three areas of business that Clutterfree operates in are \u2013\u00a0<\/p>\n<p>1. Clutterfree Circle \u2013 Real Estate Broking\u00a0<\/p>\n<p>Exclusive Sales &amp; Marketing of properties for both Individuals and Developers.<\/p>\n<p>The focussed client group of Clutterfree are High net-worth individuals, Ultra high net-worth individuals and Non-Resident Indians (NRIs).\u00a0<\/p>\n<p>There are two divisions in this team, one that markets properties valued from 1 crore to 8 crores and the other for properties valued above 8 crores, as the service levels and requirements for both these segments vary significantly. Clutterfree is building a wide network of Channel partners across India, Dubai, and Singapore and endeavours to have over 5,000 channel partners in the next few years.<\/p>\n<p><a href=\"http:\/\/www.clutterfreecircle.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.clutterfreecircle.com<\/a><\/p>\n<p>2. Clutterfree One \u2013 Structured Property Deals<\/p>\n<p>The team specialises in research and mapping data to pick real estate projects that are deeply discounted from market prices. Clutterfree One is a by-invite-only group of ultra-high-net-worth individuals who are looking to execute transactions ranging from 50 crores to 1000 crores.<\/p>\n<p>3. Clutterfree Interiors &amp; Design House \u2013 Bespoke &amp; Premium Interior Designers \u2013 Turnkey design and execution of residential property and office space.<\/p>\n<p>The in-house design team caters to the premium and luxury segment with modular woodwork and an exceptional team of artisans and carpenters who specialise in intricate handcrafted work. The Design team is managed by a pass out of the National Institute of Design (NID), Ahmedabad.<\/p>\n<p><a href=\"http:\/\/www.clutterfree.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.clutterfree.in<\/a>\u00a0<\/p>\n<p>Currently, Clutterfree services are provided in Bangalore and Chennai. Dubai, Singapore, Mumbai, Hyderabad and Pune are the other cities Clutterfree is setting up soon.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], June 26: Clutterfree, a real estate and home improvement platform which provides premium services to new and existing homeowners, has raised funds at a 45 crore valuation. &hellip; <a href=\"https:\/\/financialtelegraph.in\/index.php\/2023\/06\/26\/clutterfree-raises-funds-at-45-crore-valuation-from-angel-investors\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":22770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-22769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/22769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=22769"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/22769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/22770"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=22769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=22769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=22769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}