Housing Raises $90 Million Led By SoftBank; To Map 40 Million Houses

housing softbankHousing has finally confirmed raising $90mn from a funding round led by SoftBank, along with Falcon Edge and other existing investors.

This takes the total fund raised by housing to $121mn.

Housing will use the funds to map over 40 million houses across 300 cities in India and provide On-Off buttons to home owners and agents. These On-Off buttons will convert the entire curated houses database into assets for Housing.com, and can be reactivated when they’re again available in the market!

Recently Housing.com launched “Slice View”, an interactive home booking platform, in a campaign encompassing four projects across three cities. The Slice View technology exclusively marketed more than half of the inventory and generated over 50 Cr of Gross Merchandise Value through the Slice View platform.

– Read : Housing – Are They Brokers Or A Real Estate Portal? [A Broker’s Take On New New Thing]

Housing’s previous funding this year include 19mn USD led by Helion Venture partners & Qualcomm Ventures.

Competitor, Commonfloor recently raised $30mn led by Tiger Global and IndiaProperty raised $12mn.

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