PropTiger Acquires PropRates, Adds Advanced Data Collation Tool to Offerings
Online real estate advisor PropTiger.com announced the acqui-hire of Mumbai-based start-up PropRates, a pioneer in data collation tools which gathers actual real estate transaction data.
With this acquisition, PropTiger aims to provide consumers real-time access to price related information on the property market. The latest acquisition comes close on the heels of the company's acquisition of Gurgaon-based 3DPhy earlier in August, which was aimed at extending its lead in 3D visualisation and other technology solutions.
Commenting on the development, Dhruv Agarwala, CEO, PropTiger.com and makaan.com, said: "With this acquisition, PropTiger will be able to augment its existing DataLabs offerings. The advanced data collation tool developed by PropRates will enable users to make m...