Housing losses rise 45% to ₹400 crore in FY16
Real estate search portal Housing posted a loss of over ₹400 crore for the year ended March 2016, an increase of 45% over the previous fiscal. The startup registered a 111% increase in revenue to ₹26.76 crore. Softbank-backed Housing was acquired by News Corp-backed PropTiger in January 2017 in an all-stock deal.