The cost of the acquisition or the price at which the shares are acquired, is Rs 86.45 crore, the company said.
While realty firms have started using technology to smoothen and expedite the sale and rental process, much more needs to be done to add meaningful value.
This was after the former Housing.com founder’s latest startup exhausted Rs 192 crore in the past 14 months and majority shareholder Info Edge asked it for granular financial details.