The media company has invested an undisclosed amount to increase its stake in the online property listings site by 5%.
Media conglomerate News Corp has raised its stake in India-based online real estate platform PropTiger to 30%, investing an undisclosed sum in the platform’s parent company Elara Technologies, VCCircle reported earlier today.
News Corp took a 25% stake in PropTiger in November 2014, when it led the company’s $37m series B round which also featured Accel Partners and Horizon Ventures.
In 2012, SAIF and Accel invested in a $5m series A round. In 2011, telecoms company SoftBank, Horizon Ventures and…