Quikr enters talks to give Housing.com new home

Jul 1, 2015 • Robert Lavine

The SoftBank and Qualcomm-backed real estate listings platform was valued at $270m as of December 2014, but its investors are seeking a sale.

Online classified listings platform Quikr has begin talks to acquire Housing.com, the India-based online property listings portal backed by telecommunications firm SoftBank and wireless technology company Qualcomm, VCCircle reported yesterday.

Rahul Yadav, CEO of Housing.com, confirmed the news, originally gained from undisclosed people familiar with the development, by email but later retracted the statement through another email.

Founded in 2012, Housing.com runs an online real estate listings platform that incorporates its own map-based algorithm.

SoftBank reportedly owns around 30% of…

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