M&A Deal Summary

PropTiger.com Acquires PropRates

On September 5, 2016, PropTiger.com acquired internet software and services company PropRates

Acquisition Highlights
  • This is PropTiger.com’s 3rd transaction in the Internet Software and Services sector.
  • This is PropTiger.com’s 4th transaction in India.

M&A Deal Summary

Date 2016-09-05
Target PropRates
Sector Internet Software and Services
Buyer(s) PropTiger.com
Deal Type Add-on Acquisition

Target

PropRates

Mumbai, India
PropRates is a data collation tool that allows users to search and explore the specifications of recent real estate transactions.

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Buyer(S) 1

Buyer

PropTiger.com

Gurgaon, India

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

PropTiger.com is technology-enabled real estate marketing platform aimed at first time home buyers. For buyers, PropTiger offers end-to-end services starting from identifying apartment options, organizing site visits, budget and affordability analysis, helping with unit selection and filing of the application with the real estate developer to facilitating the cheapest housing loan. For property developers, PropTiger offers a range of services to sell their new residential apartments inventory during the initial launch. PropTiger.com was founded in 2011 and is based in Gurgaon, India.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
Country: India M&A 4 of 4
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-11 Novaviz Technologies Pvt.

Gurgaon, India

3DPhy is a provider of virtual and augmented reality and 3D visualisations. 3DPhy provides end to end 3D cataloguing solutions for e-Commerce companies.

Buy -