The media company took a 25% stake in online property listings site PropTiger, leading a $37m series B round that took its funding to $42m.
Media conglomerate News Corp paid $30m on Monday for a 25% stake in India-based online real estate platform PropTiger, investing in its Singapore-based parent company Elara Technologies.
The investment was made as part of a $37m series B round that included SAIF Partners, Accel Partners and Horizen Ventures. SAIF and Accel provided $5m in series A funding for PropTiger in 2012.
News Corp had already secured a foothold in the real estate market through its 61.6% stake in Australia-focused online…
