Home Rental Startup Fastfox Raises Rs 10 crore From Lightspeed Ventures And Others
A home rental technology company FastFox has raised Rs 10 crore in Series A1 round led by Lightspeed, Blume Ventures and others. One of the co-founders of the startup Pallav Pandey also contributed Rs 1.93 crore in the current round.
Founded by Pallav Pandey and Mukul Bhati in November 2014, the online-to-offline firm raised Rs 30 crore form Lightspeed India Partners, Blume Ventures, CyberAgent Ventures, GrowX Ventures, and IMJ Investment Partners in its Series A financing in April 2016.
In 2015, it raised Rs 6 crore alone from Lightspeed Ventures as part of its seed funding.
The startup which claims to have more than 2500 flats that are available for rent in Gurugram works by forming a partnership with offline brokers to list residential properties online for rental purposes.
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