TEAL

What TEAL does

TEAL, legally Terralytics Analysis Private Limited, is a Bengaluru-headquartered PropTech SaaS company that builds digital property due diligence infrastructure for India's banking sector. Its core product, Teal Report, delivers 360-degree property insights — covering transaction history, litigation, municipal records, and land records — by aggregating data from 900+ government and public sources across 14 states and 400+ districts, with a database spanning 200M+ unique properties and 500M+ documents. The platform replaces manual property verification processes that historically take 3-4 days, delivering digital search reports in under 3 hours (99% of the time per the Tata Capital case study) and reducing customer turnaround times by up to 70%.

The underlying technology stack is a big-data and machine-learning infrastructure purpose-built for cleaning and standardizing fragmented Indian land records sourced from Sub-Registrar Offices, Tehsil/Taluka offices, municipal corporations, urban development authorities, and land records departments. Beyond the core report, TEAL sells four modules: Legal Vetting (title verification via an empanelled lawyer network), Document Extraction (digitizing non-digitized SRO documents), Document Logistics (physical document pickup, delivery, and vetting), and Workflow Digitization (end-to-end digitization of due diligence processes). The platform is API-first, with a public developer portal (developer.tealindia.in) enabling embedding into client loan origination and Document Management Systems.

TEAL generates revenue through B2B SaaS contracts with Indian banks, NBFCs, and housing finance companies, combining subscription-based recurring revenue on property due diligence reports with usage-based API access fees. Pricing is quote-based and not publicly disclosed, reflecting an enterprise sales motion with custom contracts likely tied to report volume and API consumption. The company sells via direct enterprise field sales and an enterprise success team that supports onboarding and integration, supplemented by content marketing, a published customer case study (Tata Capital Housing Finance), and developer documentation. TEAL operates as both Data Fiduciary and Data Processor under India's Digital Personal Data Protection Act, 2023, and maintains ISO 27001-aligned internal audits. As of the input period the company has raised approximately $2.63 million across three funding rounds, with investors including Info Edge, Omidyar Network India, and Amara Partners.

Name

TEAL

Legal name

Terralytics Analysis Private Limited

Website

https://tealindia.in

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

TEAL is a Bengaluru-based PropTech SaaS platform that provides digital property due diligence to Indian banks, NBFCs, and housing finance companies, aggregating land, transaction, litigation, and municipal records from 900+ sources to deliver property reports within hours.

Ownership category

akta.pro rank

Product category

Property Due Diligence Software

NAICS

Title Abstract and Settlement Offices (541191)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Abstracting Services (Title Abstracts) (BPAJAOAC)

Keywords

• Property due diligence
• Real estate data
• Title verification
• Land records digitization
• Mortgage risk analytics

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Property Due Diligence Reports: Teal generates revenue through digital property due diligence reports sold to banks, NBFCs, and housing finance companies. The platform provides subscription or usage-based access to property insights, legal vetting, and document services. Integration into client ecosystems enables seamless access for credit managers.
2. API Access: API access fees for integration of property due diligence capabilities into client technology systems.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

TEAL provides a digital property due diligence platform for banks, NBFCs, and housing finance companies in India. It aggregates land records, transaction history, litigation, and municipal data from 900+ government and public sources covering 200M+ properties and 500M+ documents to produce 360° Teal Reports. The core offering is supported by Legal Vetting (empanelled lawyer title verification), Document Extraction (SRO document digitization), Document Logistics (physical document pickup/vetting), and Workflow Digitization (end-to-end digital due diligence), delivered as an API-integrable platform.

Product overview

TEAL operates as a unified digital property due diligence platform for banks and NBFCs in India. The core product, Teal Report, delivers 360° property insights covering transaction history, litigation, municipal records, and land records. Four supporting modules — Legal Vetting (empanelled lawyer network for title verification), Document Extraction (pulling non-digitized documents from SROs and government authorities), Document Logistics (physical document pickup/delivery and vetting), and Workflow Digitization (end-to-end digital transformation of due diligence workflows) — collectively form an integrated, single-platform alternative to fragmented manual due diligence processes.

Differentiator

Problem solved

Functional benefit

Products and services

• Teal Report Teal Report is TEAL's core digital property due diligence product, delivering 360° property insights on day one by combining transaction history, litigation records, municipal records, and land records into a single report for banks, NBFCs, and housing finance companies underwriting property-backed loans.

Quantifiable outcome

• 70% reduction in property due diligence turnaround time compared to physical reports
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• CoreLogic: Large U.S.-based property data and analytics platform providing title, valuation, and property intelligence at scale. Comparable to TEAL as a broad incumbent offering overlapping capabilities (aggregated property data, title-related insights), though focused on U.S. markets and serving a wider portfolio of real estate workflows.
• Info Edge (99acres): Indian online real estate classifieds platform and a TEAL investor. Comparable as a broader India incumbent in property information, though serving a different (consumer listings) wedge than TEAL's lender-side due diligence.
• First American Title (FirstAm): One of the largest U.S. title insurance and settlement services providers with deep property data infrastructure. Comparable to TEAL as a broad incumbent in title and property due diligence, though operating under a different model (title insurance-led) and geography.
• RealPage: U.S. software and data analytics provider for the real estate industry, serving multiple property verticals with workflow and intelligence tools. Comparable as a broad incumbent offering workflow digitization and data infrastructure for real estate transactions.

Direct peers

• Qualia: Digital closing and title platform for real estate transactions serving lenders, title agents, and law firms. Comparable to TEAL as a direct peer offering digital due diligence and workflow digitization for property transactions, with similar SaaS/API distribution to enterprise lenders.

Regional players

• NoBroker: India's leading proptech platform focused on brokerage-free real estate transactions. Comparable to TEAL as an India-focused regional player addressing property transaction friction, although NoBroker's wedge is consumer-side brokerage disintermediation rather than lender-side due diligence.
• Housing.com: Major Indian real estate platform with property listings, developer sales, and home services. Comparable to TEAL as a regional India proptech addressing property transaction transparency, though primarily serving consumers and developers rather than banks and NBFCs.
• PropTiger: India-based full-stack real estate platform offering property discovery, legal services, and home loan assistance. Comparable to TEAL as a regional peer in Indian property transactions, with overlapping legal/verification services for buyers and lenders.

Emerging players

• Steady (formerly Landed): Digital platform supporting real estate transactions with workflow and due diligence tooling. Comparable to TEAL as an emerging player applying digitization to property workflows, although U.S.-focused and narrower in scope.

Others

• Digilocker: Government of India digital document wallet initiative. Comparable as a potential disruptor / enabling infrastructure that could either compete with or feed into TEAL's document extraction and property due diligence workflows.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/terra-economics-and-analytics-lab
• Xx.com/TerraEconomics
• Facebookfacebook.com/TerraEconomics

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TEAL