Angel Backed Housing.co.in Raises Second Round
Housing.co.in has raised second round of funding in less than a month of its previous investment. It has raised funds from former Network 18 CEO - Haresh Chawla.
Haresh is currently a managing partner at India Value Fund Advisors.
In February, the company raised angel funds, led by Zishaan Hayath of Future Bazaar and several other investors - Vaibhav Puranik, Shishir Kapoor, Hemanth Goteti, Gagan Goyal, Harsh Baid, Aditya Agarwal and Aatif Misbah.
Started by 12 IIT B alumnus, Housing.co.in is a location based listing of property available for rent that has a mobile website, an Android app, an iPhone app and a desktop website.
Currently the company is operational in Mumbai and its suburbs including Navi Mumbai. The company is planning to launch its services in Hyderabad and Bangalore. It currently carters for renting property.
The website offers information about each individual property listings with the features available in that property, along with its location on the map, photos of the property.
It competes with Commonfloor.com, which is a real estate portal dedicated to apartments and gated communities.
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KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
|---|---|---|---|---|
| 2013-03-14 | Housing.co.in - Angel Invt | Venture Capital |
Haresh Chawla |
- |
| 2013-02-15 | Housing.co.in - Angel Investment | Venture Capital |
Shishir Kapoor Aditya Agarwal Harsh Baid Gagan Goyal Hemanth Goteti Vaibhav Puranik Zishaan Hayath |
- |
| Date | Type | Buyer | Target | Size ($mn) | State |
|---|---|---|---|---|---|
| 15/05/2013 | Venture Capital | Unknown Investor | PriceBaba | - | Completed |
| 14/05/2013 | Venture Capital | Tiger Global Management LLC | Caratlane Trading Private Limited | 15.00 | Completed |
| 08/05/2013 | Venture Capital | Samir Bangara | Qyuki Digital Media Private Limited | - | Completed |
| 07/05/2013 | Venture Capital | Citibank NA | Helical IT Solutions Private Limited | 0.05 | Completed |
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