Property portal RoomnHouse has raised funding of close to Rs. 1 crore from Euphoria Ventures through a bridge round to expand its operations. Angel funded by Euphoria Ventures CEO Ashish Patel, RoomnHouse.com, launched in 2012, allows property owners to list their accommodations with the site, and travellers get the option of private accommodation ranging from apartments to villas. The portal is targeting a revenue of Rs 6 crore this financial year. The company expects to raise additional funding of Rs. 10 crore in January 2015.
Source: Economic Times
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