Soft Bank has invested Rs. 100 crore in

funding to

Rs 100 Core funded in a company which is already running in Loss! What else evidence is needed to understand the future of Startups!

Recently, the initiatives that our prime minister Mr. Modi has taken have become a boon for startup like (Real estate Startup). After a consistent loss, there is a good news for Soft Bank has invested Rs. 100 crore in,

In the end of March 2015, had suffered a Rs. 279 Core loss. However, according to, this funding will strengthen their position to shine in the market.

Jason Kothari, Chief Executive Officer of added the following words

We are now well-capitalized to aggressively execute on our focused strategy and growth plans and believe 2016 will be a great year for the company,”

This is not the first funding by the Soft Bank. They had already funded over Rs 600 crore in in November 2014. Some other investors like Nexus Ventures, Falcon Edge, Helion Ventures, Nirvana Ventures, Qualcomm, Viacom 18 co-founder Haresh Chawla, Snapdeal founders Kunal Bahl and Rohit Bansal also have funded in

According to industry sources, due to consistence loss, was struggling to manage the operations cost. This fresh round of funding by Softbank is meant to keep in the market till its acquisition by leading e-commerce company Snapdeal.

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