2013-06-06

Real estate portal housing.co.in raises $2.5 m from Nexus Venture Partners

Real estate portal, Housing.co.in, recently announced that it has raised $2.5 m from VC fund, Nexus Venture Partners. The announcement came in a press release issued by the start-up portal.

Real estate portal housing.co.in raises $2.5 m from Nexus Venture Partners

Real estate portal, Housing.co.in, recently announced that it has raised $2.5 m from VC fund, Nexus Venture Partners. The announcement came in a press release issued by the start-up portal.

The online portal was founded eleven months ago by a group of IIT Bombay students with the intention of disrupting the online real estate market with best in class data and technology. The current round of funding will allow the company to aggressively expand its technology and data sciences teams with over 30+ IITians in these teams.

Advitiya Sharma, Co-Founder, Housing.co.in, said, “We are very happy to partner with and receive mentoring from India’s leading VC, Nexus Venture Partners. Their experience in building high technology companies in India and abroad is what attracted us. We were just amazed by the speed of their decision making and trust they had in our team”.

“The Housing team is disrupting online search for home buying and renting in India like never before. We were very impressed with the vision, passion and speed of execution of the founding team and we are excited to partner with them,” said Suvir Sujan, Co-Founder, Nexus Venture Partners.

The company will establish Data Science Lab which will develop features like Area based pricing, society ratings etc. The company is also building large headquarters for the technology team which will be a major investment, the release stated.

It further added that the portal has revolutionized house hunting through its unique and exceptional user interface which empowers users with the ability to view a house without necessitating physical presence.

Related opportunities
  • Welcome to Trip Factory, your trusted partner in unforgettable travel..
    Locations looking for expansion Delhi
    Establishment year 2006
    Franchising Launch Date 2006
    Investment size Rs. 10000 - 50000
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Pharmacies
    Rx Aushadhi is one of the trusted online pharmacies in..
    Locations looking for expansion Madhya pradesh
    Establishment year 2018
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya pradesh
  • Quick Service Restaurants
    The Granios is a place where you can find more..
    Locations looking for expansion Telangana state
    Establishment year 2013
    Franchising Launch Date 2017
    Investment size Rs. 2lakh - 5lakh
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater khammam Telangana state
  • Electric Vehicles (E-Vehicles)
    Atiyas Mobility PVT LTD is a Bangalore-based company that is..
    Locations looking for expansion Karnataka
    Establishment year 2021
    Franchising Launch Date 2023
    Investment size Rs. 50lakh - 1 Cr.
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads