Map-based real estate portal Housing.com has raised Rs 115 crore investment from Helion Venture Partners, Qualcomm Ventures and existing investor Nexus Venture Partners. Of this, Helion has invested Rs 48 crore, Nexus Ventures Partners has invested Rs 43 crore and Qualcomm Ventures has invested Rs 24 crore. The company plans to use this investment to expand its new projects section, extend its technology to new platforms and for branding and marketing activities. Prior to this, Housing had raised $2.5 million from Nexus Venture Partners in June last year. It had also raised 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 and participation from other investors like Vaibhav Puranik, Shishir Kapoor, Hemanth Goteti, Gagan Goyal, Harsh Baid, Aditya Agarwal and Aatif Misbah in February 2013. Founded in 2012, Mumbai-based Housing.com is a map-based property listing portal, which allows users to search for rental apartments, hostels, PGs, flats and property purchase listings, overlayed on a map. One can sort these listings based on price or filter these listings based on property type, pricing, furnishing, number of rooms, bathrooms, beds and availability of features like Lift, Gym, Security and Parking among others. The company claims that it has already mapped over 80,000 houses in Mumbai, and over 50,000 houses in Bangalore, which apparently constitutes more than 5% of total houses in both cities respectively. It has also recently forayed into Tier-II cities and is now present in 25 different cities with the recent additions being Ahmedabad, Jaipur, Indore, Nagpur, Trivandrum, Kochi, Nashik, Vadodara, Surat, Vijaywada, Mangalore, and Chandigarh. On the product…
- Here are some specs of the time servers the Indian government wants companies to sync their clocks to: RTI December 6, 2022
- RBI Disallows Securitising Loans With Less Than 365-Days Residual Maturity December 6, 2022
- Indian govt may hold social media firms accountable for algorithms under ‘Digital India Act’ December 6, 2022
- Event Announcement: Reworking The Data Protection Bill, Bangalore, 14th Dec #Ad December 6, 2022
- DPDP Bill 2022: A Balance of opportunities and data protection objectives December 6, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
New bill narrows focus over predecessors that went heavy on data sovereignty, localisation and compliance. What explains this change?
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
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...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
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...
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...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
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...