Will also play an advisory role and work closely with the management team
Mumbai, April 4, 2016: Housing.com, India’s most innovative real estate platform, has received an investment of an undisclosed amount from Vineet Singh, former business head of 99Acres.com. As part of Info Edge’s executive leadership team for a decade, Vineet built 99Acres.com and Naukri.com from start-ups to scaled companies with strong sales capabilities, and he will now closely work with the Housing.com management team in a senior advisory role.
Vineet is a veteran in the real estate industry with a proven track record in the offline and online space to deliver high-growth results. Having spent a decade in the online space, he is a specialist in B2B and B2C marketplaces. Prior to joining Info Edge, Vineet worked with Xerox and Thomas Cook and is an expert in the areas of strategic planning, large scale execution, and sales & operations management. Currently, Vineet is co-founder, CEO & MD of Buildczar.com, India’s largest marketplace for building materials and finishing products.
Jason Kothari, Chief Executive Officer, Housing.com said while commenting on the investment, “Vineet brings with him enriching experience, deep understanding of the ecosystem, and a decade of high-achieving sales leadership in the online real estate space. On board as a personal investor, Vineet will also serve as a senior advisor to the company working closely with the management team. We believe that his association will further fuel the ambitious growth plans of Housing.com.”
“Housing.com has been a disrupter who has redefined the way consumers buy and sell homes in the marketplace. With a great product and a strong management team, I am a proud investor in Housing.com and look forward to further this dynamic company on its path to becoming the largest and most trusted player in the online real estate space,” said Vineet Singh, Senior Advisor, Housing.com.
Founded in 2012, Housing.com is India’s leading online real estate platform with 1.7 million verified homes listed to date, and an unparalleled online user experience. The Company is a technologically innovative real estate platform with a larger vision to bring more transparency, efficiency and trust across the real estate ecosystem in India.
Housing.com has raised over $100 million in capital from India’s leading investors, including Softbank, Nexus Ventures, Falcon Edge, Helion Ventures, Nirvana Ventures, Qualcomm, DST founder Yuri Milner, Viacom 18 co-founder Haresh Chawla, Snapdeal founders Kunal Bahl and Rohit Bansal, among others.