Startups Money

Exclusive: IndiaProperty and IndiaHomes in merger talks

14 Aug, 2015


In another consolidation move in the red hot online real estate services market, IndiaHomes and IndiaProperty, both VC backed firms, are exploring a potential merger in an all-stock deal, three sources close to the development told

At least three top executives—Bhaskar Bagchi, chief operating officer; Rakesh Kher, head of human resources and Himanshu Arora, head of talent transformation—at IndiaHomes have quit as a precursor to the deal, according to sources.

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