Spintly, a leading smart building solutions provider, has raised Rs 3.5 crore in a funding round led by Spyre VC, with participation from Accel India, Chakra Growth Fund, Alumni Ventures, and Doctor Technology. The funding will support Spintly’s ambitions to expand its market reach, enhance its solutions through AI and machine learning, and bolster its senior management team.
Spyre VC’s operating partner, Abhimanyu Bisht, highlighted the strategic importance of the investment. “As our very first investment, Spintly aligns perfectly with our mission to drive innovation in the proptech space. Partnering with CREDAI enables us to go beyond monetary support and truly transform India’s real estate technology landscape,” he said.
Spintly’s solutions have already been deployed across 24 million square feet of real estate, serving over 0.5 million users and 500+ customers globally. The company plans to leverage its partnership with Spyre VC and CREDAI, a prominent body of real estate developers, to expand its presence across India and access a broader ecosystem of real estate stakeholders.
Co-founder and CEO of Spintly, Rohin Parkar, emphasized the impact of this collaboration: “With Spyre VC’s backing and CREDAI as a partner, we can access the real estate developers’ ecosystem to scale across India. This funding will help us strengthen our solutions and cater to an even larger global audience.”
This round marks another milestone for Spintly, which has previously raised funds from investors like Letsventure, Riso Capital, Sucseed Indovation, and Accel Nest. The company aims to revolutionize the real estate sector with its cutting-edge IoT and AI-driven solutions, making smart building technologies more accessible and efficient.
With its latest funding, Spintly is poised to deepen its market penetration, expand internationally, and lead innovation in smart building technologies, transforming how real estate integrates with modern proptech solutions.
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