Online real estate portal Housing.com has raised $90 million from Softbank Group, with participation from Falcon Edge and other unnamed investors. The company plans to use the funds to map over 40 million houses across 300 cities in India. It also plans to introduce an On-Off feature on the site, which would allow home owners & real estate agents to reactivate a property when it’s up for sale again. This is Housing.com’s second round of funding this year. In June, it had raised Rs 115 crore investment from Helion Venture Partners, Qualcomm Ventures and existing investor Nexus Venture Partners. Prior to this, Housing had raised $2.5 million from Nexus Venture Partners in June last year. It had also raised an undisclosed amount of funding from former Network 18 Group CEO Haresh Chawla in March 2013, and an undisclosed amount of angel investment led by Chaupaati Bazaar co-founder Zishaan Hayath with participation from other angel investors in February 2013. Founded in 2012, Housing.com currently operates in 45 cities across India, including Mumbai, Bangalore, Ahmedabad, Jaipur, Indore, Nagpur, Trivandrum, Kochi, Nashik, Vadodara, Surat, Vijaywada, Mangalore, and Chandigarh among others. It has over 350,000 property listings and over 15,000 new projects. On the product side - Last month, the real estate portal had launched an interactive home booking platform called Slice View in partnership with Tata Value Homes. - In the same month, Housing.com had introduced a new online rental agreement service that allows users to create a rental agreement online and get the…
