Tag: india


NoBroker raises $7.4 million in India

NoBroker raises $7.4 million in India

Bangalore-based brokerage-free real estate search platform NoBroker.in secured $7.4 million U.S. in series-B funding from South Korean investment firm KTB Ventures, the venture capital arm of KTB Network. It was KTB Ventures' first investment in India.


Rohit Ramasubramanian, co-founder of Zefo (photo from his LinkedIn page with thanks)

Sequoia invests in recommerce start-up Zefo

Bengaluru-based used-goods marketplace Zefo raised $6 million U.S. in a series A funding round led by venture capital firm Sequoia India. Others who participated in this round included Beenext, and existing investor Helion Venture Partners. Beenext is also invested in auto site Droom, real estate site NoBroker and job site WorkIndia.


Demonetization to hit autos, property in India

Demonetization to hit autos, property in India

The Indian government’s unexpected move to "demonetize" (take Rs 500 and Rs 1,000 notes out of circulation), with the aim to "weed out black money from the economy", will cause sales of autos and property (and their prices) to dip sharply in the short-term, warned industry experts. Real estate and auto sites won't escape this negative development unscathed.



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