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News CORPORATE WATCH

  • Sep 19, 2014
  • Housing.com in talks to raise $30 million from Tybourne Capital, Yuri Milner and existing investors

    Property portal Housing.com is in talks to raise as much as $30 million (about Rs 180 crore) from existing and new investors including Russian venture capitalist Yuri Milner in his personal capacity and Tybourne Capital, two people with direct knowledge of the development told ET.Milner, who founded investment firm DST Global, has backed companies like Facebook, Twitter and, most recently, Flipkart in India. He is aggressively looking to expand his fund's portfolio in India, according to industry sources. Yuri Milner and Tybourne Capital declined comment. The new round of funding will be used for acquisitions, hiring talent, building technology and in creasing branding and marketing activities at Housing.com, which has so far raised .

    Source - http://economictimes.indiatimes.com