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Listing platform for real estate properties
2005•Noida (India)•Unfunded
Last updated:
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99acres Key Metrics
Ranked
6th
among 579 competitors
Employee Count
5,784
as on Jun 30, 2024
Similar Companies
Zillow
& 3230 more
99acres - About the company
What does 99acres do?
99acres offers a web platform that aids users to check for properties based on location for buying/renting real estate property for sale. Its website is maintained by the internet company Infoedge which is an indian on-line classifieds company in recruitment, matrimony, real estate and education. Offers a convenient forum where lessors, lessees, buyers, sellers, and brokers of residential and commercial real estate in India can exchange information concerning real estate property with a view to entering into a transaction. They also provide advertising space on website for property developers and brokers. It raised close to $125M through QIP in 2014. Part of Info Edge (India) Ltd.
Which sectors and market segments does 99acres operate in?
- 99acres serves in the B2C, B2B space in the Real Estate and Construction Tech market segments.
- The primary business model of 99acres is:Real Estate and Construction Tech > Residential Real Estate Tech > ***** **** > ***** ******
Company Details
- Website: 99acres.com
- Social:
- Email ID: *****@99acres.com
- Phone Number: +1 **********
- Part Of: infoedge.in
Which legal entities is 99acres associated with?
99acres
is associated with
1
legal entit
y
given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Info Edge (india) Limited | Apr 30, 1995 | $341M (as on Mar 31, 2023) | -$8.78M (as on Mar 31, 2023) | 216 |
99acres's funding and investors
How much funding has 99acres raised till date?
99acres has not raised any funding rounds yet.
Who are 99acres's investors?
There are no Institutional or Angel investors in 99acres.
99acres's founders and board of directors
Founder? Claim ProfileWho are the founders of 99acres?
The founders of
99acres
is
Sanjeev Bikhchandani.
Sanjeev Bikhchandani
has founded
11
more compan
ies
-
Allcheckdeals, Naukrigulf, Info Edge, Briij, Firstnaukri.com, Naukri.com, Naukri RMS, Shiksha, Info Edge Ventures, Info Edge Ventures and BigShyft.
Who is the current CEO of 99acres?
Hitesh Oberoi
is
the CEO of
99acres
.
How many employees does 99acres have?
99acres has 5,784 employees as of Jun 24. The total employee count is 3.5% more than what it was in Jun 23.
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View details of
99acres's Founder profiles and Board Members99acres's Competitors and alternates
Competitive landscape of 99acres
99acres
ranks 6th
among
579 competitors
which include
Housing, NoBroker and PropertyGuru.
13 of its competitors are funded while 9 have exited.
Overall,
99acres
and its competitors have raised over
$1.44B
in funding across
67
funding rounds involving
218
investors.
There is 1 private unicorn, 2 public and 7 acquired companies in the entire competition set.
Below is a comparison of top competitors of 99acres
99acres | Housing | NoBroker | PropertyGuru | |
|---|---|---|---|---|
Description | Listing platform for real estate properties | App-based listing platform for residential properties | Provider of a listing platform for residential and commercial properties | Online platform to find real estate properties |
Founded Year | 2005 | 2012 | 2014 | 2006 |
Location | Noida (India) | Gurugram (India) | Mumbai (India) | Singapore (Singapore) |
Company Stage | Unfunded | Acquired | Series E | Public |
Unicorn Rating | - | - | Unicorn | - |
Total Funding | - | $146M | $368M | $690M |
Funding Rounds | - | 7 | 9 | 8 |
Latest Round | - | Series C, $5M, Nov 23, 2016 | Series E, $5M, Mar 01, 2023 | Series E, $147M, Aug 26, 2021 |
Investor Count | - | 31 | 22 | 16 |
Top Investors | Qualcomm Ventures, SoftBank Group& 29others | General Atlantic, KTB Ventures& 20others | TPG, KKR& 14others | |
Tracxn ScoreWhat is this? | 61/100 | 78/100 | 78/100 | 77/100 |
Overall Rank | 6th | 1st | 2nd | 3rd |
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99acres
's competitors? Click
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99acres's Investments and acquisitions
99acres
has made no investments or acquisitions yet.
Reports related to 99acres
Here is the latest report on 99acres's sector:
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all reports related to 99acresor
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News related to 99acres
Filter this list
•
Info Edge infuses $2.4M into investment arm SIHLAIM Group•Aug 01, 2023•Info Edge,
99acres
, Naukri.com
•
96 acres of farmland under contract in Homesteaduserwalls.news•Jun 15, 2022•99acres
, Looking Home
•
Broccolini Investment Inc.’s C$60 Million Acquisition of 99 Acre SiteGlobal Legal Chronicle•May 18, 2022•Broccolini,
99acres
•
99acres.com is back live after 24 hoursMediaNama•Jul 12, 2018•99acres
•
99Acres posts an EBITDA profit in Q2FY18; demand shifts to resale, rentalsMediaNama•Nov 06, 2017•99acres
•
How this real-estate startup thrived within HDFC for 6 yrs to make home ownership easyYourStory•Sep 21, 2016•HDFC, Quikr, Magicbricks,
99acres
•
Happily Unmarried plans to raise Rs30-50 croreLivemint•Sep 15, 2016•Happily Unmarried,
99acres
, Unilever, Dollar Shave Club and 1 other
•
Dear 99.co, your decision to fire Sonny Truyen was 100 per cent correcte27•Jul 12, 2016•Facebook,
99acres
, Pokémon
•
How James Bond gave these entrepreneurs the license to startupYourStory•Jul 05, 2016•StyleSend, Google, Roposo,
99acres
and 1 other
•
Real estate portal 99acres narrows losses in Q4VCCircle•May 27, 2016•99acres
, Zomato
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