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Happy Holidays!

2023-12-26

Dreaming of your next vacation? Check out ALYF, a company that is trying to make partial or full ownership of a holiday home hassle-free. Recently, it sold out a project within just 75 days of the launch in the prime location of Calangute, North Goa. The company, which claims to be India’s first technology-enabled marketplace, maintains the property and rents it out on days it is not occupied, allowing owners to earn an income. Another highlight is that property owners can stay at other Alyf properties and resell their shares in a property after a 12-month lock-in period. In fact, the company recently raised $ 1.5 million in seed funding led by nine unicorns and venture catalysts.

The proptech was established in June 2022 by Saurabh Vohara, Founder and CEO, along with Karan Chandiok, Co-Founder and COO. A core founding member and business head at NoBroker.com (India’s first proptech unicorn), Vohara’s skill set lies in disrupting traditional operations of the real-estate market. He explains the genesis and vision of ALYF and the potential of the co-ownership model to CW.