Continuing its acquisition spree across the real-estate segment, Housing is announcing two new acqui-hires today — online network for real estate agents Plat — and a property management software for house owners BigBHK. Financials remain undisclosed.
Both these acqui-hires, announced today seem like a perfect fit for Housing, which has been looking at ways to increase revenue ever since investors have taken control of the company.
Talking about these acqui-hires, Housing interim CEO and COO Rishabh Gupta said in a statement,
The acqui-hires with Plat and BigBHK add immensely to our talent pool which in turn will empower our partners and consumers to better manage their property portfolio ensuring convenience and transparency. This is in-line with our strategy moving forward of focusing on the core of our business.
Plat, which is a networking app for real-estate agents, allows them to share data and inventory individually with each other via an app. This acqui-hire will help housing build on its ‘Agents App’, which the company says has received close to 10,000 downloads in less than one month.
Since its launch, the App has received close to 10,000 downloads in less than one month. Fulfilling our endeavour of creating a robust real estate ecosystem, the new tool is slated to be a game changer in the agent market both in terms of efficiency and quality of service.
BigBHK, the second startup bought by Housing, lets agents/owners manage their properties via an online dashboard. The company says, that it is planning to use their technology, to help partners streamline their realty lifecycle encompassing rental accounting, e-Invoicing, record management, complaint tracking and inventory management.
BigBHK provides tenants access to a free platform to raise complaints, track rent dues and maintenance amount on a monthly basis. The startup already operates in Bangalore, Hyderabad and Pune with possible expansion into Chennai