Settlin
Settlin is a Bengaluru-based digital E-broker platform that facilitates end-to-end residential property resale transactions — including search, site visits, legal verification, loan assistance, and registration — for individual buyers and sellers, monetizing via seller commissions and buyer fees on a pay-on-close model with RERA-compliant operations.
- Company typePrivate
- Founded2018
- HeadquartersBengaluru, India
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Settlin does
Settlin (legally Linking Spaces Technologies Pvt. Ltd.) is a Bengaluru-headquartered proptech company operating a digital "E-broker" platform for end-to-end residential property resale transactions. The platform combines a self-serve web and mobile app (iOS/Android, 4.6/5 rating, 10k+ downloads) with assisted sales through in-house relationship managers, taking responsibility from property discovery through site visits, price analysis, legal verification, home loan assistance, and registration. Core product modules include Search/List with a dual-mode interactive map and infinite-scroll list view, a 9-step listing wizard, Visit scheduling with trackable pipeline status, a Compare Properties tool, Direct Negotiation, and an OTP-based passwordless login with masked calling for privacy. A beta "AI Search" capability is exposed on the homepage for natural-language property queries.
The company monetizes on a pay-on-close transaction model: sellers pay 2.18% of the sale value (2% inclusive of GST) with a ₹1,00,000 floor and ₹5,00,000 cap, billed only if Settlin brings the buyer; buyers pay 0.5% (postpaid) on non-Settlin-listed properties but zero brokerage on Settlin-listed inventory. An à la carte Legal Services catalog (Complete Documentation ₹29,999+GST, Legal Opinion ₹12,000+GST, Khata Transfer ₹6,000 onwards, Encumbrance Certificate ₹1,199, etc.) extends the platform into professional services. Marketing relies on SEO, organic social, app-store distribution, and customer testimonials, with no paid-acquisition disclosure.
Settlin is RERA-registered (PRM/KA/RERA/1251/446/AG/180205/001849) and has facilitated ₹3,000 crore+ in cumulative home sales for 8,000+ customers with 2 Lakh+ professional visits. The company is venture-backed, having raised a ~$1M pre-Series A in June 2022 (Powerhouse Ventures lead, GSF Fund participation) and an undisclosed round in November 2023 (Powerhouse Ventures lead, with KYT Ventures, ah! Ventures, Java Capital, Investo Monk, and Guptaji invests). It is headquartered in HSR Layout, Bengaluru, with 51-100 employees, and has publicly committed to a Mumbai launch alongside a 4,000-sale target for the year following the November 2023 raise.
Settlin firmographics
Firmographics- Name
- Settlin
- Legal name
- Linking Spaces Technologies Pvt. Ltd.
- Website
- https://settlin.in
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Settlin is a Bengaluru-based digital E-broker platform that facilitates end-to-end residential property resale transactions — including search, site visits, legal verification, loan assistance, and registration — for individual buyers and sellers, monetizing via seller commissions and buyer fees on a pay-on-close model with RERA-compliant operations.
- Ownership category
- akta.pro rank
Where Settlin is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Settlin business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Seller Commission: Sellers pay 2.18% of total sale value (2% inclusive of GST), subject to a minimum of ₹1,00,000 and maximum of ₹5,00,000. Payment is only required after the deal is closed and only if the buyer is brought by Settlin.
- Buyer Consultancy Fee: Buyers pay 0.5% consultancy fee (postpaid) if they finalize non-Settlin properties. However, if buyers finalize Settlin-listed properties, the fee is ZERO. Services included are free legal opinion, sale agreement drafting, home loan assistance, and assisted inspections.
- Legal and Documentation Services: Additional paid services including Complete Documentation (₹29,999+ GST), Legal Opinion (₹12,000+ GST), Property Deeds (₹10,000 onwards), Khata Transfer (₹6,000 onwards), and various certificate services starting at ₹1,199.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Zero fee for Settlin-listed properties; 0.5% for external properties |
| Transaction based/ take rate | Pay-as-you-go | 2.18% of sale value (min ₹1L, max ₹5L inclusive of GST) |
| Unit Pricing | Pay-as-you-go | Legal services from ₹1,199 to ₹29,999+ GST |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Settlin product offering
Product offeringCore offering
Settlin operates a digital E-broker platform (website and iOS/Android mobile apps) that delivers end-to-end residential property resale transactions in Bengaluru, covering property search, assisted site visits, legal verification, home loan assistance, and complete documentation and registration support. Sellers pay a 2.18% commission (capped between ₹1,00,000 and ₹5,00,000 inclusive of GST) only after deal closure if Settlin brings the buyer, while buyers pay a 0.5% postpaid consultancy fee that is waived on Settlin-listed properties, with optional à la carte legal and documentation packages available as add-on services.
Product overview
Settlin operates as a unified digital E-broker platform for residential property resale transactions in Bengaluru. The core offering consists of the Settlin Platform (web-based property marketplace) and Settlin Mobile App (iOS/Android), which work together to provide end-to-end transaction support. The platform integrates property search, legal verification, home loan assistance, and documentation services. Seller Services and Buyer Services are complementary modules within the platform, offering zero-brokerage transactions with fee structures of 2% (seller, capped at ₹500,000) and 0.5% (buyer, waived on Settlin-listed properties). Optional Legal Services add-on packages provide à la carte documentation, deed drafting, and verification services. Key platform features include AI Search Beta for natural language property queries, Compare Properties for side-by-side analysis, Dual-Mode Search combining map and list views, and Direct Negotiation for buyer-seller price discussions.
Differentiator
Problem solved
Functional benefit
Products and services
- Settlin Platform (Web) Web-based digital E-broker platform at settlin.in that provides end-to-end residential property resale transaction services in Bengaluru, including property search, visit scheduling, legal verification, home loan assistance, and complete documentation support. Targeted at individual residential property buyers and sellers in the Bengaluru metropolitan area.
- Settlin Mobile App
- Settlin Seller Services
- Settlin Buyer Services
- Settlin Legal & Documentation Services
Quantifiable outcome
- ₹3,000 crore+ worth of homes sold
- +4 more outcomes
Companies that use Settlin
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Settlin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
Settlin partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights6 records
Settlin competitors and assessment
Company assessmentDirect peers
- Common Floor: Common Floor is an Indian residential real estate platform with strong Bengaluru presence, offering property discovery plus community features that overlap with Settlin's buyer-facing experience.
- NoBroker: NoBroker is India's largest zero-brokerage real estate platform and the most direct competitor to Settlin's E-broker model, targeting the same buyer and seller segments in Bengaluru and other metros with similar no-brokerage economics.
- PropTiger: PropTiger is an Indian real estate advisory platform offering end-to-end transaction support similar to Settlin, though historically weighted toward primary sales and home loans rather than resale.
- Square Yards: Square Yards is an Indian real estate technology platform offering brokerage, mortgage, and property management services across India, comparable to Settlin in scope and transaction-led model.
Broad incumbents
- Housing.com: Housing.com is a major Indian real estate platform backed by SoftBank and REA Group, offering property search and listings but lacking Settlin's full transaction support.
- Zillow: Zillow is the dominant US residential real estate platform with end-to-end transaction services, representing the global benchmark for digital real estate brokerage that Settlin's model aspires to emulate in India.
- MagicBricks: MagicBricks is one of India's largest property listing platforms, owned by Times Internet, competing for buyer and seller traffic with Settlin but focused on listings rather than end-to-end transactions.
- 99acres: 99acres is an established Indian property listing platform owned by InfoEdge, competing broadly for property search traffic without the closing-coordination layer Settlin provides.
Emerging players
- Roofstock: Roofstock is a US-based online marketplace offering end-to-end transactions for single-family investment properties, conceptually similar in providing verified inventory and transaction support outside the traditional broker model.
- NestAway: NestAway is an Indian housing-tech platform primarily in rentals but operating in the same Bengaluru proptech ecosystem as Settlin, addressing similar trust and transparency gaps in Indian residential real estate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Settlin social profiles
Digital presenceSettlin compliance and trust
Trust signalCompliance1 record
Settlin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Settlin leadership team
Management profileNumber of profiles
Profiles2 records
Settlin funding detail
Funding detailFunding overview
Funding rounds5 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Settlin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Settlin
What does Settlin do?
Settlin operates a digital E-broker platform (website and iOS/Android mobile apps) that delivers end-to-end residential property resale transactions in Bengaluru, covering property search, assisted site visits, legal verification, home loan assistance, and complete documentation and registration support. Sellers pay a 2.18% commission (capped between ₹1,00,000 and ₹5,00,000 inclusive of GST) only after deal closure if Settlin brings the buyer, while buyers pay a 0.5% postpaid consultancy fee that is waived on Settlin-listed properties, with optional à la carte legal and documentation packages available as add-on services.
Is Settlin a public or private company?
Settlin is a private company. It is classified as venture growth investor backed and is currently operating.
When was Settlin founded?
Settlin was founded in 2018. It employs 51 to 100 people.
Where is Settlin based?
Settlin is headquartered in Bengaluru, India, in the Asia region.
How does Settlin make money?
Three revenue lines are on record. Seller Commission is the primary driver. The others are buyer Consultancy Fee and legal and Documentation Services.
Who are Settlin's main competitors?
Direct peers on record are Common Floor, NoBroker, PropTiger and Square Yards. Broad incumbents are Housing.com, Zillow, MagicBricks and 99acres. Emerging players are Roofstock and NestAway.
Does Settlin have an API?
No public API is recorded for Settlin.