Former 99Acres.com Head Vineet Singh Invests in Housing.com
REAL ESTATE
by Shrutee K/DNS
National, 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,
“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.
About
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 is the only provider of
independently verified listings of every home listed, conducted by a trained
team of data collectors, analysts, auditors and photographers. With over 120
data points per listing, the in-house Data Sciences Lab is empowered with a
significant body of information to allow buyers and sellers to make more
informed decisions. Housing.com is passionate about taking a
360 degree view on solving India's real estate challenges.
Housing.com has led a number of strategic
acquisitions, such as the largest community forum on buying and selling homes
(Indian Real Estate Forum), an established company focused on doing due
diligence of new real estate projects (Realty Business Intelligence), and a
popular software for developers to manage and enhance their marketing and sales
efforts (HomeBuy360).
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.


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