This year is going very good for Indian online startups. We have seen many big investments this year. In the same series, 2 years old real estate portal Housing.com has attracted a big investment. Housing.com has raised $100 million funding led by Softbank. In this, $70 million was alone invested by Softbank. Now Housing.com is valued at about $250 million.
As a part of the deal, Softbank has acquired 30% stake in the company. Other companies participated in this funding round includes hedge fund Falcon Edge, DST Global and the existing investors Helion, Nexus and Qualcomm.
Earlier this yea in June, Housing.com raised $19 million from Venture Partners, Nexus Venture Partners and Qualcomm Ventures. Last year in June, it raised $2.5 Million.
Housing.com is the real estate portal which lets users search apartments and commercial complexes for rent and sale. The key feature of the website is that it lets visitors check the virtual tour of the flat of apartment on the website.
Few days back Housing.com also added a home load application section and rental agreement section.
