comscore raises funds from former head Vineet Singh
News raises funds from former head Vineet Singh raises an undisclosed amount from ex business head of Vineet Singh. Vineet Singh now works with the management team.

  • Published: April 4, 2016 12:13 PM IST

Online real estate platform on Monday said former business head of Vineet Singh has invested in the company. The amount invested was, however, not disclosed. Singh will closely work with the management team in a senior advisory role, the SoftBank-backed company said in a statement. As part of Info Edge’s executive leadership team for a decade, Singh built and from startups to scaled companies with strong sales capabilities, it added. Also Read - PropTiger, merge to form India’s largest online real estate company

Also Read - announces layoffs to restructure its business

Also Read - Reliance Jio's SVP Nikhil Rungta joins as Chief Marketing Officer

Currently, Singh is co-founder, CEO and MD of, a marketplace for building materials and finishing products.

“On board as a personal investor, Vineet will also serve as a senior advisory to the company working closely with the management team. We believe that his association will further fuel the ambitious growth plans of,” CEO Jason Kothari said.

ALSO READ: announces layoffs to restructure its business

In January, SoftBank had made a fresh investment of Rs 100 crores in to help the realty portal consolidate its position in the heavily contested online property segment., which competes with the likes of Rupert Murdoch-backed PropTiger, Magicbricks and CommonFloor, had received $90 million (roughly Rs 598 crores) funding in December 2014.

Softbank has over 30 percent stake in the portal. Founded in 2012, has raised over $100 million (roughly Rs 663 crores) in capital from leading investors, including SoftBank, Nexus Ventures, Falcon Edge and Helion Ventures. With 1.7 million verified listings to date, has acquired an online community for real estate (India Real Estate Forum), a popular CRM for developers (HomeBuy360), and a data analytics and due diligence firm for real estate (Realty Business Intelligence) in the past.

For the latest tech news across the world, latest PC and Mobile games, tips & tricks, top-notch gadget reviews of most exciting releases follow BGR India’s Facebook, Twitter, subscribe our YouTube Channel. Also follow us on  Facebook Messenger for latest updates.
  • Published Date: April 4, 2016 12:13 PM IST

new arrivals in india

Best Sellers