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NetAmbit Acquires atOnePlace & theBuyerPower To Improve Its Online Property Solutions

NetAmbit India, a financial products distribution company, has acquired real estate portals atOnePlace.com and theBuyerPower.com for an undisclosed amount. While the financial details of the acquisition were not disclosed, NetAmbit Chairman and Managing Director Girish Batra stated that the acquisition will help improve its real estate sales and its online property solutions division by providing advice on real estate products. atOnePlace is an online real estate marketplace, while theBuyerPower is a group deal platform for real estates. Both the portals were launched by Gunjan Garg. It's not clear as to when these portals were launched, but theBuyerPower website suggests that atOnePlace has been operational for more than 5 years and the company has offices in the US and India. theBuyerPower's AngelList profile also suggests that it has investors like Ravi Narayan and Vish Narayan, although there is no information on how much capital had the company raised till now.…

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