Sharetipsinfo, a company which provides stock market tips has now acquired an online real estate portal Propertymesh to further expand its portfolio to real estate investment related tips and boost investment opportunities in this sector.
The terms of the deal including the financial transactions have been left undisclosed by the companies.
Rishi Sakhuja, founder, Sharetipsinfo, said, “Many investors are stuck in wrong real estate projects and lose huge money. Our recent addition to our kitty (Propertymesh) will help real estate investors to invest in the right project”.
Propertymesh provides one solution for all kinds of real estate needs of the people across multiple cities including Delhi NCR, Jaipur etc. It helps people who are looking to buy, sell, rent or lease properties. The portal also allows the property buyers and sellers to post their exact requirements and connect with other who are looking for a similar property. It was based out of Faridabad.
Other related happenings in the real estate sector includes map based real estate search portal Housing.co.in raising USD 2.5 mn of Series A funding led by Nexus Venture Partners. Also, Chennai based, Indiaproperty.com is looking to raise funds in the coming time.
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