Properji - About the company
Properji is an acqui-hired company based in Bengaluru (India), founded in 2012 by Naveen Kumar Galithoti. It operates as a Professional Property Advisors. The company has 748 active competitors, including 179 funded and 68 that have exited. Its top competitors include companies like Compass, QuintoAndar and Purplebricks.
Company Details
Online broker for property buyers. Provides investment advice, guarantee protection and hand-holds clients from identification and selection to final closing. Had 500 signups and sold properties worth INR 19 crores as of January 2014. Founding Team has IIM grads. Acquired by MagicBricks for an undisclosed amount.
- Website
- properji.com
- Registered Address
- Unit No. 406, 4th Floor, West Wing, worldmark 1, Asset Area No.11, Hospitality District, Delhi Aerocity, IGI Airport, South West Delhi, New Delhi, Delhi, India, 110037
Key Metrics
Founded Year
2012
Location
Bengaluru, India
Stage
Acqui-Hired
Ranked
156th among 748 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2026
Employee Count
821 as on Oct 31, 2024
Legal entities associated with Properji
Properji is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MAGICBRICKS REALTY SERVICES LIMITED CIN: U70109DL2013PLC256668 , India, Active | Aug 19, 2013 | ₹100 - ₹500 Cr (As on Mar 31, 2026) | 892 (As on Mar 01, 2026) |
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Properji's funding and investors
Properji has not raised any funding rounds yet.
Properji's founders and board of directors
Founder? Claim ProfileThe founders of Properji is Naveen Kumar Galithoti.
Here are the details of Properji's key team members:
- Naveen Kumar Galithoti: Former Co-Founder of Properji.
View details of Properji's Founder profiles and Board Members
Properji's employee count trend
Properji has 821 employees as of Oct 24. Here is Properji's employee count trend over the years:
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Properji's Competitors and alternates
Top competitors of Properji include Compass, QuintoAndar and Purplebricks. Here is the list of Top 10 competitors of Properji, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Compass 2012, New York City (United States), Public | Real estate company that helps people buy, sell, and rent homes and apartments | $1.51B | 85/100 | |
2nd | QuintoAndar 2012, Sao Paulo (Brazil), Series E | Online brokerage firm for rental properties | $755M | 81/100 | |
3rd | Purplebricks 2012, Solihull (United Kingdom), Public | Provider of app-based brokerage services for residential properties | - | 74/100 | |
4th | Homie 2015, San Francisco (United States), Series B | Online listing platform to buy or sell residential properties | $39M | 69/100 | |
5th | Online real estate brokerage service platform | $3.62B | 69/100 | ||
6th | Yopa 2015, London (United Kingdom), Series C | Provider of residential property sales services through online digital platforms | $133M | 66/100 | |
7th | LandGate 2016, Denver (United States), Acquired | SaaS-driven data intelligence platform for commercial land rights management | $20M | 64/100 | |
8th | Online brokers of residential properties | $57.2M | 63/100 | ||
9th | HomeSmart 2000, Scottsdale (United States), Acquired | Real estate agency | - | - | 62/100 |
10th | Real estate platform offering services to property developers, brokerage agencies & home buyers | $311M | 61/100 | ||
156th | Professional Property Advisors | - | - | 30/100 |
Looking for more details on Properji's competitors? Click here to see the top ones
Financials of ProperjiFY 26 Available
MAGICBRICKS REALTY SERVICES LIMITED, the legal entity associated with Properji, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of MAGICBRICKS REALTY SERVICES LIMITED has a compounded annual growth rate (CAGR) of -6% in the last 1 year.
Financial Statement Summary
Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 2677 | 2041 | 5127 | 3988 | 1473 |
Total Sales | 5479 | 7080 | 2756 | 5332 | 7168 |
Total Expenses | 2947 | 7625 | 9952 | 7489 | 2609 |
Operating Expenses | 3245 | 2360 | 7832 | 7191 | 7759 |
Employee Expenses | 5814 | 7931 | 4351 | 1200 | 2498 |
Marketing Expenses | 7053 | 4430 | 4409 | 8010 | 5041 |
Operating Income (EBIT) | 8927 | 5976 | 8180 | 6500 | 6428 |
Interest Expenses | 7989 | 2635 | 7072 | 4543 | 4421 |
Expenses from other activities | 9486 | 9964 | 2815 | 9984 | 8811 |
Information Technology Expenses | 6338 | 1879 | 3233 | 8561 | 8014 |
EBITDA | 2668 | 1210 | 2961 | 8762 | 9601 |
Taxes | 2220 | 2616 | 1256 | 6267 | 8015 |
Net Profit | 7801 | 1944 | 1515 | 3974 | 8246 |
Balance Sheet | |||||
Assets | 7014 | 1994 | 3618 | 7215 | 2454 |
Cash Equivalent | 4193 | 3866 | 4810 | 2890 | 4332 |
Accounts Receivables | 1562 | 9550 | 2789 | 4973 | 6546 |
Inventory | 1127 | 7413 | 2319 | 3061 | 8143 |
Liabilities | 1560 | 3992 | 4789 | 3769 | 8850 |
Total Debt | 9776 | 3477 | 3701 | 8983 | 8873 |
Accounts Payable | 7797 | 9550 | 5255 | 5924 | 1829 |
Equities | 5324 | 5708 | 7381 | 7119 | 4530 |
Cashflow Statement | |||||
Cash from Operating activities | 6506 | 1571 | 5531 | 9793 | 2803 |
Cash from Investing activities | 2262 | 6377 | 5035 | 3660 | 2033 |
Net cash from Financing activities | 7190 | 1079 | 4299 | 1743 | 6588 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Properji's Investments and acquisitions
Properji has made no investments or acquisitions yet.
Reports related to Properji
Here is the latest report on Properji's sector:
News related to Properji
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