GrOffr.com, a real estate group buying portal has secured under $1 million in a series-A funding round led by Indian Angel Network. According to the company, the funds will be partly used to expand its geographical presence to Delhi NCR, Kolkata, Ahmedabad and Indore, and to increase its current workforce to nearly 50 in the next one year, in addition to investing in brand building. The company presently offers deals in Mumbai, Pune, Bangalore, Hyderabad, Chennai, Kochi and Nagpur. GrOffr offers time bound group offers in categories such as automobiles, real estate, electronics and others. The company offers a free membership to individual buyers as well as corporate buyers. It claims to have assisted over 100 customers buy gross assets valued at over Rs. 120 crore since its launch, providing them with savings of over Rs. 20 crore. GrOffr has also…
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