Housing.com Raises Funds From Former-99Acres.com Head Vineet Singh

Advertisement
By Press Trust of India | Updated: 4 April 2016 10:12 IST
Online real estate platform Housing.com Monday said former business head of 99Acres.com Vineet Singh has invested in the company.

The amount invested was, however, not disclosed. Singh will closely work with the Housing.com management team in a senior advisory role, the SoftBank-backed company said in a statement.

As part of Info Edge's executive leadership team for a decade, Singh built 99Acres.com and Naukri.com from startups to scaled companies with strong sales capabilities, it added.

Advertisement

Currently, Singh is co-founder, CEO and MD of Buildczar.com, a marketplace for building materials and finishing products.

"On board as a personal investor, Vineet will also serve as a senior advisor to the company working closely with the management team. We believe that his association will further fuel the ambitious growth plans of Housing.com," Housing.com CEO Jason Kothari said.

Advertisement

In January, SoftBank had made a fresh investment of Rs. 100 crores in Housing.com to help the realty portal consolidate its position in the heavily contested online property segment.

Housing.com, which competes with the likes of Rupert Murdoch-backed PropTiger, Magicbricks and CommonFloor, had received $90 million (roughly Rs. 598 crores) funding in December 2014.

Advertisement

Softbank has over 30 percent stake in the portal. Founded in 2012, Housing.com has raised over $100 million (roughly Rs. 663 crores) in capital from leading investors, including SoftBank, Nexus Ventures, Falcon Edge and Helion Ventures.

With 1.7 million verified listings to date, Housing.com has acquired an online community for real estate (India Real Estate Forum), a popular CRM for developers (HomeBuy360), and a data analytics and due diligence firm for real estate (Realty Business Intelligence) in the past.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Smartphones Launching in September 2026: iPhone 18 Pro, iPhone Ultra, Poco F9 Series,More
  2. Realme P4s vs iQOO Z11 vs Nothing Phone 4b Compared
  3. Smartphones Launched in India (August 2026): See List
  1. Apple Watch Series 12, Ultra 4 Could Get Two Major Health Upgrades, New Finishes: Report
  2. Vivo X500 Pro Max Display Details Officially Teased Ahead of Launch
  3. Apple Maps Gets Transit Support in India With Public Transport Directions and More
  4. Google Is Changing How You Sign In to Android Apps
  5. Sneaky Sasquatch Gets Subway Surfers+ Crossover, Birdwatching Update on Apple Arcade
  6. YouTube Adds Amazon Product Tags to Shorts, Videos and Livestreams
  7. Poco X8 5G and X8 Power 5G India Launch Date Set for September 4
  8. Acer Swift Neo 14 Refreshed in India With Up to Intel Core Ultra 7 CPU: Price, Features
  9. Samsung Odyssey G Series Gaming Monitors Unveiled at Gamescom 2026 With Curved OLED, 1,100Hz Panel
  10. Google's AI Mode Can Now Track Flight Prices and Book Hotels for You
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.