Property portal Housing.com has raised $90 million from SoftBank Group along with Falcon Edge and other existing investors..K Law acted for the company with a team led by Mumbai Partner Praveen Raju along with Associate Partner Gaurav Shrawat and Associate Samrat Roy..AZB & Partners acted as domestic legal counsel for SoftBank Group while Morrison & Foerster acted as International counsel with Partner Greg Giammittorio..The AZB team was led by Bangalore Partner Srinath Dasari along with Senior Associate Nandita Gopal and Associate Annie Philip..After this round of funding, the SoftBank Group will become the largest investor in Housing.com. Housing.com has now raised more than $121 million in two years in five rounds of funding and plans to use the funds to map over 40 million houses across 300 cities in India in the next one-two years, reports Mint..Recently, Softbank had invested $627 million in online retailer Snapdeal.com and $210 million in Ola Cabs, a Web-based taxi-hiring service..Image taken from here.
Property portal Housing.com has raised $90 million from SoftBank Group along with Falcon Edge and other existing investors..K Law acted for the company with a team led by Mumbai Partner Praveen Raju along with Associate Partner Gaurav Shrawat and Associate Samrat Roy..AZB & Partners acted as domestic legal counsel for SoftBank Group while Morrison & Foerster acted as International counsel with Partner Greg Giammittorio..The AZB team was led by Bangalore Partner Srinath Dasari along with Senior Associate Nandita Gopal and Associate Annie Philip..After this round of funding, the SoftBank Group will become the largest investor in Housing.com. Housing.com has now raised more than $121 million in two years in five rounds of funding and plans to use the funds to map over 40 million houses across 300 cities in India in the next one-two years, reports Mint..Recently, Softbank had invested $627 million in online retailer Snapdeal.com and $210 million in Ola Cabs, a Web-based taxi-hiring service..Image taken from here.
