This Article is From May 30, 2016 To Achieve $10 Million Revenue In FY17 To Achieve $10 Million Revenue In FY17

New Delhi:, which has raised over $100 million from various investors including Softbank and has restructured the business, said it expects $10 million revenue in the current fiscal. 

Last November, it had decided to monetise its products as part of the restructuring exercise. 

" is receiving an overwhelming response to the products it launched in January with revenue growing 200 per cent month-on-month and the company on track to achieve $10 million in revenue this fiscal year," it said in a statement. 

After the company decided to focus its business on home buying and selling, said it has started a series of digital advertising products for developers and brokers to provide maximum customer exposure and return on investment for their home sales efforts. 

In addition, it is offering customised digital marketing services to large developers to drive home sales and build developer brand equity. CEO Jason Kothari said the company is confident about revenue position in the future. 

The company has 11,000 developers and 18,000 brokers active on its platform, "so there is large monetization growth and upside that can be derived from just the existing customer base". 

Founded in 2012, is leading online real estate platform with 1.7 million verified homes listed to date.