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Housing secures undisclosed funding from Vineet Singh

Housing.com has raised an undisclosed amount of funding from Vineet Singh and will also join the company as a senior advisor. Singh is the co-founder and CEO of Buildzar, an online portal for buying construction material, which raised $4 million in January. Previously, Singh was the Executive VP at 99Acres for more than 6 years; before which he headed Naukri and Jeevansathi as its Senior VP for International Sales & Business operations for over 7 years. He also worked with Xerox and Thomas Cook at various managerial and development roles. Housing fundraise: In January, Housing secured Rs 100 crore in funding from Softbank, its largest investor, to drive its new strategy and growth plans. In December 2014, it raised $90 million from Softbank with participation from Falcon Edge and other unnamed investors. The Mumbai-based startup was originally co-founded in June 2012 by Amrit Raj , Ravish Naresh , Vaibhav Tolia , Advitiya Sharma, and Rahul Yadav. The real estate portal currently offers home buying and selling, it stopped offering rental-listing services last month. Jason Kothari is the current CEO of housing, and last month Housing’s co-founder Advitiya Sharma quit the company’s board. Layoffs: In November, Housing laid off an undisclosed number of number of employees as a part of its restructuring plans to shift its focus more on the home-buying segment; an Economic Times report pegs the number at 200. In August 2015, it let go of 160 employees as it planned to focus on its core products. Housing's Acquisitions:  -In September 2015, Housing acqui-hired…

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