Rental Service Ziffyhomes Acquires Nivaasa in all Cash Deal
ZiffyHomes, a Delhi based home rental service acquired Nivaasa, a Gurgaon-headquartered home rental platform for an undisclosed amount. The acquisition happened in cash.
The company had earlier acquired competitor Fellahomes this year to become one of the largest aggregators of Exclusive Rental Properties in Delhi NCR.
The acquisition will help Ziffy to expand in the premium category apartments across India
Nivaasa, which currently operates in Gurgaon, Delhi, Mumbai, and Bangalore offers a professional way to rent a home. The startup created its own furnished living spaces and provides a house hunting service to home seekers looking for rentals in the open market. This apart, it also provides furnished and rental homes to people and allows them to customize the amount of furniture...