- Times Internet Pumps In $4.48 Mn In Real Estate Portal MagicBricks Online real estate portal MagicBricks has secured $4.48 Mn ( INR 30 Cr) from Times Internet Ltd. According to the documents filed with the RoC (Registrar of Companies), Times Internet, which owns MagicBricks.com, subscribed to 10% of non cumulative, optionally redeemable, preference shares of MagicBricks Realty Services Ltd. The company plans to utilise the freshly […]
- Times Internet’s Gautam Sinha On Turning A Legacy Media Company Into A Conglomerate Of 37 Digital Startups [Note: This article is part of The Junction Series. Gautam Sinha will be speaking at “The Junction” in Jaipur in January 2017. Get a deep dive on entrepreneurship and more with him. Learn more about The Junction here!] Gautam Sinha, CEO of Times Internet, the digital arm of the Times Group, is no newbie to tech. Right from […]
- Magicbricks Acquires Property Analysis Platform Properji.com Realty portal Magicbricks.com has acquired Bangalore-based property analysis platform Properji.com for an undisclosed amount, reported ET. Started in 2013 by Priya Maheshwari and Guruprasad Bangle, Properji.com provides consumers with fact-based independent research reports on properties and brokers. Consumers can choose subscription packages and accordingly, Properji team of senior property advisors assist the users. The startup […]
- Eight Sexy Indian Startup Offices That’ll Make You Quit Your Job Today, every other working professional is wondering whether to work at a startup or take a corporate job. While many reasons have been devised to solve this dilemma, one that remains unbeatable is the peculiar culture of startup offices – casual dress codes, flexible timings and the awesome office spaces. Following up to our previous […]
- Estimated To Reach $180 Bn Market By 2020, Startups In The Online Real Estate Space Eyeing More Funding & Acquisitions India is one of the fastest growing real estate market in the world, which is not only attracting domestic real estate developers, but also the foreign investors to invest in multi dimensional projects including commercial as well as residential. Besides, the industry is also addressing the demand for built-up space. According to property consultant Cushman […]
- Online Real Estate Platform Housing.com Bags $90 Mn Funding From SoftBank The rumors of SoftBank Internet and Media Inc. investing in online real estate platform Housing.com come to an end today, as the earlier has formally announced through release that it has invested $90 Mn in the company. It is speculated that SoftBank has acquired 30-35% stakes in Housing.com with this round of funding. Earlier, there were reports that […]
- MagicBricks Beats The Other 5 Indian Online Real Estate Players This Year The online real estate space in India has been witnessing a lot of investor interest since past few months. According to the data available, in past 9 months, over $300 Mn of investment has come into the real estate space, with over half of being raised in the last 3 months. Recently, Housing.Com raised $100 Mn From […]
- Commonfloor Raises Rs.64 Cr in 4th Round of Funding led by Tiger Global and Accel Partners Within just a few months after raising $7.5 Mn in its Series C round, property listing portal Commonfloor has grabbed Rs. 64 Cr (roughly $10 Mn) in its fourth funding round led by existing investors Tiger Global and Accel Partners. While Accel Partners have been participating in all the four funding rounds raised by the […]