Housing.com's revenue more than doubled last fiscal year, helping it become one of the top three players in the real estate classified business
Home buyers looking for bigger flats of avg 1,300 sq ft size in major cities, demand increased by 4%: Survey
According to the report, Hyderabad is making the most of its affordability advantage and registered the highest demand for bigger homes
After Flipkart, SoftBank could raise its stake in e-commerce underdog Paytm Mall; discussions underway
In April, SoftBank had invested around Rs 2,600 crore ($400 billion) for a 21 percent stake in Paytm Mall,
'Housing Partner' is a web-based dashboard that will help property sellers to monitor and manage leads in an effective manner.
PropTiger.com owned News Corp and Housing.com owned by the SoftBank Group have announced that they will come together to become India's largest online real estate services company.
As part of the transaction, REA Group Limited will invest US $50 million in the joint entity with an affiliate of SoftBank Group Corp, investing US $5 million.
Earlier in the day, SBG announced in Tokyo that Arora would be associated with it in an advisory role from July 1, as decided by its Chief Executive Masayoshi Son.
The company said Arora's resignation from the position of Representative Director and Director of SBG will become effective with the expiration of the term of office
As per the report, Arora's pay package stood in the same bracket as those of Apple Inc. Chief Executive Officer Tim Cook and Walt Disney Co.’s Bob Iger
In less than a month after working on the idea with like-minded people who were eager to be part of it and a couple of them who worked on the algorithms, the project was ready to be launched.
Arora has denied any wrong doing on his part.
Singh is a veteran in the real estate industry with a proven track record in the offline and online space to deliver high-growth results.
The company did not disclose the SoftBank’s increase in stake after the fresh infusion of Rs 100 crore
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Vijay Shekhar Sharma, Founder, Paytm is not funding Rahul Yadav of Housing.com fame in his new business venture – Intelligent Interface, which has got the backing of Sachin Bansal and Binny Bansal, Founders of Flipkart.
Pressure from investors is the root cause of startups being pushed to the wall as they are being forced to scale up operations too fast, says media entrepreneur and UTV Group founder Ronnie Screwvala.
The company said the strategic change would allow the company to focus its resources on gaining market leadership in this space
Soon after Yadav was fired from the CEO post, Housing.com had also cut staff