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Posts Tagged ‘ MagicBricks ’

How NoBroker is locking down on a fee model to become profitable

Thursday, November 24, 2016 | More »

NoBroker Technologies
The pitfall of excessive cash burn and rapid expansion of several digital real estate developers has led late entrant NoBroker Technologies Solutions to crack the revenue model in the rental space as a priority, before pressing expansion and diversifying into home-buying category. Founder Akhil Gupt...


Times Internet chases $1 bn in revenue by 2022

Times Internet Ltd (TIL), the digital business arm of the country’s largest media company Bennett Coleman and Co. Ltd (BCCL), has set an ambitious target of achieving $1 billion in revenue in five years or by March 2022. The company recently said it was on course to clock in Rs 1000 crore ($150 mi...

7 November, 2016 | More »


Exclusive: Why Times Internet wouldn’t be raising $100 mn for Magicbricks

Times Internet Ltd (TIL), the digital business arm of media conglomerate Bennett Coleman, and Co. Ltd (BCCL) that runs several market-leading newspapers as well TV news channels, has scrapped its plans to raise $100 million from external sources for its realty portal MagicBricks. TIL CEO Gautam Sin...

27 October, 2016 | More »


Exclusive: Housing.com CMO quits to join Intuit India

Housing.com’s chief marketing officer (CMO), Nikhil Rungta has quit the Mumbai-based startup to join Intuit India as its managing director. Rungta had joined housing.com, run by Locon Solutions Pvt. Ltd., from Reliance Jio in November last year. Rungta has previously worked at Google, Yebhi.co...

22 September, 2016 | More »


Home rental startup Zenify gets pre-Series A funding

Bangalore-based home rental startup City Synapse Information Pvt. Ltd, which runs Zenify.in, has raised about $900,000 (around Rs 6 crore) in pre-Series A funding from a group of high net-worth individuals (HNIs). The funds will be utilised to expand its range of services across India and to strengt...

11 May, 2016 | More »


Exclusive: BCCL’s Brand Capital picks stake in two Indian tech unicorns

Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has picked a small stake in two Indian technology ‘unicorns’ through its ad-for-equity investment arm Brand Capital, expanding its exposure to digital business beyond its in-house arm Times Internet. For full report click here...

2 May, 2016 | More »


Housing CEO now takes on Times Group in continuing fallout over a public spat

After a nasty public battle with Sequoia India  in an email and Quora, an online public forum, over alleged attempts to poach one of its employees, Rahul Yadav, who has become a recent lightning rod as Housing.com CEO, has taken on one of India’s largest media groups, the Times Group. In an i...

15 March, 2015 | More »


MagicBricks launches iPad-only app; Does it differ from Indiaproperty app

MagicBricks.com, a realty classifieds site owned by Times Business Solutions Ltd, has launched an iPad-only property app called MB-HD. The company already has an iOS app that works on the iPhone, iPod Touch and the iPad, but unlike its predecessor, the new app is a high definition one, meant exclusi...

25 May, 2012 | More »

MagicBricks introduces new section for commercial real estate

Times Business Solutions owned realty classifieds website MagicBricks.com has launched a new section dedicated to the commercial real estate market. The new section, called Commercial.MagicBricks.com will offer local city-centric options for retail showrooms, shops and commercial office space. The p...

21 May, 2012 | More »

MagicBricks.com Launches Mobile Site

Times Business Solutions owned realty classifieds website MagicBricks.com has launched a mobile website MagicBricks Mobile. The website is now customised for mobile screens and GPRS-enabled mobile users can now search for properties to buy or rent based on property type, budget, city, locality, bedr...

8 April, 2011 | More »