India, Sept. 11 -- Proptech startup WeHouse (formerly Hocomoco) has raised INR 25 Cr (around $2.8 Mn) in its Series A round in a mix of debt and equity.

The round saw participation from existing backer Anthill Ventures, Telugu film producer Suresh Babu Daggubati, Franchise India Holdings' founder Gaurav Marya, Hyderabad-based accelerator Leaders For India's founder Mohnish Yerra, among others.

Speaking with Inc42, WeHouse cofounder and CEO Sripad Nandiraj said that the capital will be utilised for expanding operations to new cities like Coimbatore, Ahmedabad, Jaipur, Surat and Chandigarh by the end of this year.

A part of the proceeds will also be deployed to upgrade the startup's tech stack.

Founded in 2017 by Nandiraj and Rohan Vina...