Estate Company: Estate Market and Japanese Company

estate company: Prop Tiger co-founder and Chief Executive Officer Dhruv Agarwala will continue to lead the merged businesses, according to The Japan Times. The deal also ends a painful chapter for Soft Bank. REA Group Ltd., an Australian real estate company controlled by News Corp., is putting 50 million into the new joint entity, while a Soft Bank-owned affiliate is investing 5 million. The Japanese company had backed Housing with 100 million starting in 2014, only to find itself caught up in a public spat with the startup's CEO, who was later dismissed by the board. India is projected to be the third-largest real estate market in the world by 2030, the companies said in a statement. The combined entity will continue to be called Prop Tiger, and brings together real-estate brokerage services and home listings. (news.financializer.com). As reported in the news.