Friday, November 22

Tag: MAKAAN.COM

Singapore-based Elara Technologies Raises $35 million in Fresh Funding
20Aug By Gauri SinghNo Comments
FUNDING

Singapore-based Elara Technologies Raises $35 million in Fresh Funding

Elara Technologies, the owner of Housing.com, PropTiger.com and Makaan.com that is based in Singapore has reportedly raised an amount of $35 million in a fresh funding round. The round was led by Citi Singapore and these funds are being planned to be used for business growth. The investment will be made in the brand building, product & technology, sales force and geographic expansion. "Our consistent high double-digit growth momentum and mode of financing reflect the strong fundamentals of our company. We expect this funding to catalyze our next phase of growth and build our leadership in the rapidly expanding digital real estate space in India" stated Dhruv Agarwala, Group CEO of all the three brands of Elara Technologies. Housing.com had recently claimed that its revenues had im...
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PropTiger Acquires PropRates, Adds Advanced Data Collation Tool to Offerings
5Sep By AnkitaNo Comments
ACQUISITION

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...
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