Housing.com Raises Rs 115 Cr From Helion, Qualcomm & Existing Investor Nexus Venture Partners

Online property listing portal Housing.com has raised Rs 115 Cr in a new funding round led by Helion Venture Partners, Quolcom Ventures, with its existing investor Nexus Venture Partners also participating in the round.

With this new funding round, Housing is now valued at Rs 300 Cr.

Housing.com has made a lot of buzz last year; the company had raised over 3 back to back funding rounds in the past year. It had also acquired domain name Housing.com and also all 3’s National number, 03-333-333-333.

The segment for online property listing appears to be a hot category for the year; recently Commonfloor had also raised Rs. 64 Cr(roughly $10 Mn) in its fourth funding round led by existing investors Tiger Global and Accel Partners.

Founded by 12 graduates from IIT Bombay, Housing.com has raised about Rs 138 Cr in four rounds of funding since its lauch in 2012.

The new funding amount will be used by the company to hire talent, build technology and for increasing its branding and marketing activities.

Housing.com allows people to find rentals, resale, agents, PGs, new projects and land plots across 23 cities in India. Recently, it has launched a New Project, where users can view upcoming housing projects with Housing.com and has also added Kolkata to the cities with its existence.

Earlier this year it had launched Housing iPad app and revamped its iPhones and Android app.