Indian Real Estate Startup, Housing.co.in Acquired Housing.com for $500k

MUMBAI, India, September 27, 2013 /PRNewswire/ --

The job isn't done just with the creation of a brilliant product. That's where it begins. Housing has radically changed online house hunting, for the Indian market. It's a powerful tool that makes home search hassle free. But there's more. The startup of 12 IIT B graduates is strongly committed to user experience, and keeps innovating to provide the most awesome house hunting experience.

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In what could be the biggest domain deal of the year worldwide, Housing has acquired Housing.com, says founder, Advitiya Sharma: "We have been getting a lot of traction from prospective partners from other countries. And they are more than willing to invest in their countries initiative."

At Housing, the vision has always been to build a product of international standard, and .COM is the first step. In making this shift, Housing has clearly come into its own and seeks to push forward. The 1 year old startup already operates in 10 major cities in India and maintains a strong foothold in the market.

The .COM deal was closed at around $500k, and more investments in this direction are expected.

Housing insight:

We expect to hit our first international expansion within the next 6 months.

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SOURCE Housing.com