PropTiger Acquires Real Estate Transaction Data Provider PropRates

NewsCorp-backed online real estate advisor, PropTiger has acquired Mumbai-based start-up PropRates, a company into data collation tools and real estate transaction data.

The move will help PropTiger to offer its customers real-time data needed to pick up residential units of their choice for buying or renting in Mumbai. The company will expand into nine other cities in the next phase.

The team of PropRates will come on board at PropTiger and will continue to build on their data gathering and analysis expertise.