Mumbai based startup #housing.co.in which makes it easier for users to look for a place to rent has raised an undisclosed amount from a group of angel investors led by Zishaan Hayath, the co-founder of Chaupati Bazaar, a phone commerce company acquired by Future Bazaar.
The group of investors, are predominantly alumni of IIT Bombay and IIM Ahmadabad.
Advitiya Sharma, the co-founder of Housing.co.in says that the startup is working on new features and is planning to launch in a new location soon. The site has seen good traction in Mumbai.
Sharma said
We are working tirelessly to come up with new features which we believe will eventually make the home search experience hassle free. We’ll continue to make Mumbai our stronghold for now. We’ve chalked out our next destination and will be starting operations there as soon as we are ready.
We’d written about the product sometime back on NextBigWhat. The site has taken a data and map based approach to real estate hunting. It gives you information on the location like the aminities around it and other details overlayed on a map so you can decide even before actually visiting the place. The startup charges a subscription fee (bi-annual and annual) to brokers which allows them to upload unlimited listings on the website. Listings for landlords is free for now.
