your password has been reset successfully, Please login again.

Angels invest in property discovery platform HousingMan

The company will use the funds to scale its presence to key cities in the country, the statement added.
BY BEx Bureau
BusinessEx
Jul 23, 2018

Bengaluru-based property discovery platform HousingMan, has raised $1.5 million (Rs 10.3 crore) in seed funding from a clutch of undisclosed angel investors, a company statement said.

The company will use the funds to scale its presence to key cities in the country, the statement added.

HousingMan has properties listed in 14 cities including Bengaluru, Chennai, Hyderabad and Pune. It plans to include eight more in the next year.

We have developed tools that take into account the accurate preferences of buyers and to then recommend properties, resulting in making the decision making cycle shorter and quicker, said Rajendran R, co-founder and chief technology officer of HousingMan.

Run by Invictus Realty Pvt. Ltd, the startup was launched in September 2015 by Bhavadeep Reddy and Rajendran R. The companys proprietary tools assist agents in a multitude of tasks including lead generation, property suggestions or recommendations, lead conversions and real-time bidding. These tools help agents shortlist properties based on buyers preferences, allowing them to make the relevant recommendations.

Please add your Comment
SIMILAR News
April 18, 2019
The acquisition will incorporate an advanced cash consideration of INR 32 crore (ZAR 65 million) ...More
By Jaspreet Kaur
April 18, 2019
The online footwear company said that it will be using the garnered capital to hire experienced prof ...More
By Jaspreet Kaur
April 17, 2019
APL Apollo, an Indian steel manufacturer, has confirmed reports of acquiring a manufacturing unit of ...More
By Jaspreet Kaur
April 17, 2019
TA Associates, an American private equity firm has obtained a small portion of shares in the Indian ...More
By Jaspreet Kaur
April 16, 2019
The California-based Wibmo will operate as a wholly owned subsidiary of PayU ...More
By Jaspreet Kaur
April 16, 2019
CureFit is actively acquiring companies to expand its business for almost a year now ...More
By Jaspreet Kaur
April 12, 2019
The microcredit company, Sindhuja Microcredit, is the new generation financing firm which caters fin ...More
By Jaspreet Kaur
April 12, 2019
By initiating the wellness company, Deish and Mohammed aim to become a one-step solution of women hy ...More
By Jaspreet Kaur
April 11, 2019
International Finance Corporation (IFC), a sister company of World Bank, has decided to endow money ...More
By Jaspreet Kaur
April 11, 2019
The Indian IT giant, Tech Mahindra will acquire 18.1 per cent stakes in Vitaran Electronics and Info ...More
By Jaspreet Kaur
April 10, 2019
The online investment market is a forthcoming theme in fintech (financial technology) sector ...More
By Jaspreet Kaur
April 10, 2019
Owing to the cut-throat competition prevailing in the e-commerce sector, the small etailer, Shopclue ...More
By Jaspreet Kaur