Sunday, December 22

Housing.com Received New Funding From Ex-99Acres.com Head

Vineet Singh, an active angel investor and former Business Head of 99 Acres.com Invested an undisclosed amount in SoftBank funded online real estate portal Housing.com. Mr. Singh will join the Housing board as a senior advisor.

“Vineet brings with him enriching experience, deep understanding of the ecosystem, and a decade of high-achieving sales leadership in the online real estate space. 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,” said Jason Kothari, chief executive officer, Housing.com.

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

Vineet Singh has also invested in startups such as the online broker platform Plabro.com among others. He is a specialist in B2B and B2C marketplaces and before working with the parent of 99Acres.com Info Edge, Singh worked with large corporations such as Xerox and Thomas Cook.

Singh said: “Housing.com has been a disrupter who has redefined the way consumers buy and sell homes in the marketplace. With a great product and a strong management team, I am a proud investor in Housing.com and look forward to further this dynamic company on its path to becoming the largest and most trusted player in the online real estate space.”