In its report, Housing.com, one of the leading real estate listing platforms, highlighted that proptech firms have garnered a total of USD 4.6 billion between 2010-11 and 2023-24 financial years, growing at a Compound Annual Growth Rate (CAGR) of 40 per cent.
Housing.com CEO Dhruv Agarwala says mistaking a heartburn for a heart attack inspired him to lose weight. Here's how he lost 71 kg over the course of two years.
Agarwala highlighted that revenue from its core businesses — advertising and housing brokerage — grew 32 per cent to AUD 32 million.
The company would continue to invest in new products, technologies and branding-marketing activities to further grow its business and establish a significant lead against competitors, he said.
Fitness goal for 2024: To continue health and fitness progression and further improve health markers.
This collaboration aims to provide digital security for Indian homebuyers by introducing the comprehensive ’Cyber Protect’ plan.
Meanwhile, Yadav’s delaying tactics continue as 4B Networks asks for more time in its arbitration proceedings with Innov8 and Info Edge. He was also questioned twice by the Mumbai Police this week.
Housing.com has tied up with FinBox as it aims to support customers with diverse financing needs, including rental security deposits, booking token amounts, renovation costs, and furniture purchases.
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.
Info Edge believes that the proptech startup might find it difficult to weather the ongoing funding winter due to its cash burn.
The latest funding round witnessed the participation of investors led by Draper Associates, Y Combinator, and Bayhouse Capital, it said in a statement.
The platform allows users to transfer rent directly to their landlord's bank account and generate digital receipts instantly.
CEO Dhruv Agarwala attributed the rise in revenue of both Housing.com and PropTiger.com to strong revival in housing demand after the second wave of the pandemic.
From Ola to Housing.com to Flipkart, several startups have found themselves hogging the limelight for controversies and spats involving founders.
The partnership would enable users of MyGate's newly-launched property platform, MyGate Homes, to simultaneously list their properties on Housing.com.
Tie-ups with Urban Company, RentoMojo, Livspace, HappyLocate and AuthBridge to provide quality home renting related services; over Rs 600 crore rent processed through its rental payment platform
"Housing.com has seen the maximum gains with organic traffic up by 60 percent from the pre-COVID number. Conversion rates, from traffic to enquiries, on all our platforms are also higher than what they were in March, which suggests that prospective buyers are beginning to come back into the market to search for homes,” Dhruv Agarwala said.
Housing.com, part of Singapore-based Elara Technologies that also owns PropTiger.com and Makaan, also released a report on co-living which highlighted that the market size of this segment is estimated to double at Rs 2 lakh crore by 2023.
It’s a divided house as supporters and opponents of DVR pitch their case. The ball is now in Sebi’s court. And the last word is yet to be heard.
In January 2017, Singapore-based Elara Technologies, which owns PropTiger.com and Makaan.com, acquired Housing.com -- a start-up founded in 2012 by around dozen IIT graduates -- in a major consolidation in the Indian online real estate business.
Housing.com, which is part of Singapore-based Elara Technologies, that also owns PropTiger.com and Makaan.com, said its "month-long online home shopping festival generated sales of Rs 1,200 crore in October."
Housing.com competes with 99acres.com and Magicbricks.com in real estate classified business among few others.
The web series will be created by Farhan Akhtar's Excel Entertainment for Amazon Prime in India, according to The Times of India.
In July 2015, Housing.com's board had sacked Yadav, stating that his behaviour towards investors and media was not "befitting" of a CEO.
Yadav has been hired as chief product and technology officer at real estate venture Anarock Property Consultants.