Bangalore-based Startup Nestaway.com that runs an online managed home rental marketplace for singles by the same name, has raised $12 million (Rs.76cr) in funding from Flipkart and its existing investor Tiger Global.
Amarendra Sahu [NIT Suratkal alumni ]
Jitendra Jagadev [NIT Suratkal alumni ]
Smruti Parida [NIT Suratkal alumni ]
Deepak Dhar. [NIT Suratkal alumni ]
Nestaway aims to turn 'for-rent' apartments into fully-furnished and managed houses that can be provided to pre-verified tenants.
Nestaway Business Model
Nestaway.com gets involved with property owner in tenant sourcing, rent collection, maintenance of the house and even manages tenant move-outs. It also offers free minor repairs and does not charge separate brokerage from the property owner.
Locations Offering services
First Round - Rs. 8cr [March 2015]
Second Round - Rs.76 cr [July 2015]
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Tags: Nestaway, Nestaway Technologies Pvt. Ltd. , Inmobi, Flipkart Pvt. Ltd. , Tiger Global Management LLC ,