Grabhouse, a Mumbai-based online roommate search engine which helps people find compatible roommates, has raised $500k from India Quotient. The start-up offers an online platform for tenants to contact owners directly without involving real estate agents. The funds will be used to bridge the gap between availability of houses and online demand from seekers.
Grabhouse was a part of India Quotient’s bootcamp last year. Earlier in January this year, it raised a seed funding from India Quotient and MV Krishnan, Vice President, Deutsche Bank.
Source: Yourstory.com
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