US-based Flyhomes has announced that it has raised $150 million from investors.
The proptech firm is planning to use the funds for growth purpose and to expand its presence in America. Founded by Stephen Lane and Tushar Garg, the firm intends to increase its employee count in India.
A statement said, “Flyhomes brings every step of the homebuying process, from brokerage to mortgage, together in one seamless experience and innovates on financial products.”
“India has been our strategic partner ever since we started and an enabler in more ways than one. The country and its talent have been instrumental in the success of Flyhomes at a global level,” said CEO and Co-founder of Flyhomes – Tushar Garg.
Gaganpreet Luthra, India Managing Director, added, “the company is scaling up in India to leverage the top-quality talent here. Our focus is on building the right leadership and culture in India to deliver high performance output. We have distributed teams across US and India in almost all verticals today.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.