wordpress blog stats
Connect with us

Hi, what are you looking for?

RealAcres To Receive $4.4 Million Investment From iProperty; To Raise Funding By End Of FY09

This just in: iProperty will invest around $4.4 Million (Rs. 18.8 cr / AUD$5 million) in RealAcres.com. Murli Ramakrishnan, COO of RealAcres told MediaNama that Horizon Infoventures, the parent company of RealAcres, will raise another round of funding by the end of the financial year 2008-09. The $470,000 investment that we had reported from the AUX filing is meant for the initial setup over six months - to be used for setting up office in Bangalore and Pune, and moving to a larger office in Mumbai. The next tranches of money will come in thereafter, over a period of 3 years. RealAcres has a team of 22 people in Mumbai, which they will expand to 50-55 over three months. They'll also be hiring 10 people each for Bangalore and Pune. RealAcres began with exhibitions for real estate companies and builders,…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

News

Existing consumer protection regulations are not sufficient to cover the extent of protection that a crypto-investor would require.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ