VC-backed parent of PropTiger, Housing, Makaan sold at well below peak valuation
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VC-backed parent of PropTiger, Housing, Makaan sold at well below peak valuation

By TEAM VCC

  • 29 Oct 2020
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VC-backed parent of PropTiger, Housing, Makaan sold at well below peak valuation
Credit: Thinkstock

Elara Technologies Pte Ltd, the holding company for Indian digital real estate ventures PropTiger, Housing and Makaan that was once valued over $300 million, has found a strategic buyer but at a valuation far below its peak. REA Group, an Australia-based digital company that operates property websites, along with its majority ......

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