Real estate portal Housing.com received Rs.100 crore investment from Japanese Softbank, the company said on Thursday.
Housing.com CEO Jason Kothari said Softbank's support in the dual role of an investor and advisor is invaluable and symbolises commitment to the company.
Hitherto, Softbank invested up to $70 million in the real estate portal and is its largest shareholder.
Valued around Rs.1,500 crore, Housing.com raised over $120 million.
During this week, the real estate portal's co-founder Snehil Buxy was appointed the new chief product officer.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app