, which also owns BroEx – Indian information exchange for real estate brokers used by 100,000+ brokers across the country, leverages network of brokers to procure updated information on rental homes in near real time. “ is one-stop shop for anyone looking to rent a home”, he added. In contrast, handholds the customer in the entire journey from online discovery of options to field visits to negotiation with landlord and subsequent paper-work,” said Pandey, Co-Founder and CEO. Yet popular websites are full of fake listings and they leave the home seeker to be serviced by local brokers. 20 Million) live on rent and spend a whopping $32 billion on rent. “In India, 27% of urban families (approx. “Pallav and his team have shown us that there is a large market in rentals that suffers from India-specific problems such as information scarcity, information asymmetry, trust deficits and small local networks, all of which can be solved through the power of the Internet and a tech-enabled approach like .” said Dev Khare, Partner at Lightspeed India Partners Advisors. ![]() Mukul Bhati, Co-founder & CTO, is from IIT Guwahati and had previously played lead tech roles in companies like PayU, Knowlarity, and UrbanTouch. 6 Crore in 2015 in Seed round also led by LightSpeed India Partners. Before, Pallav Pandey, an IIT Kanpur Alumnus, also founded Sequoia funded Knowlarity Communications, a cloud based telephony solutions provider. Based out of Gurgaon, Fastfox was started by Pallav Pandey and Mukul Bhati in Nov 2014, had earlier raised Rs. GrowX ventures and IMJ Investment Partners also participated in the round. ![]() The company plans to invest the funds to improve its technology solution, perfect its service delivery model and expand the team across engineering, sales and operations. 30 crore from Lightspeed India Partners, Blume Ventures, CyberAgent Ventures and others, in Series A financing. India’s tech-enabled rental brokerage company, has raised Rs.
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