Housing.com fighting to survive

Struggling real estate vertical in India raises $90M, hopes cash boost will stave off decline
  • One of India’s leading realty verticals, Housing.com, surprised market watchers in January when it raised $90 million U.S. from Japanese major SoftBank.

One of India’s leading realty verticals, Housing.com, surprised market watchers last January when it raised $90 million U.S. from Japanese major SoftBank. This was welcome news for a company struggling to stay afloat and on top of an increasingly competitive property market. The company is behind its own revenue projections, and costs are high.