US-based Flyhomes Raises Funding $150 Strengthens Its Indian Presence
- ByStartupStory | June 11, 2021
US-based end-to-end homebuying platform, Flyhomes raises funding $150 million in Series C round co-led by venture capital firms Norwest Venture Partners and Battery Ventures, with participation from Fifth Wall, Camber Creek, Balyasny Asset Management, Zillow co-founder Spencer Rascoff, and existing investors Andreessen Horowitz and Canvas Partners. Flyhomes raises funding to increase its India staff by 3X from the current 150. It will hire in the engineering, product, analytics, brokerage and mortgage operations, marketing, and HR verticals.
Tushar Garg, CEO and Co-founder, Flyhomes, said, regarding Flyhomes raises funding “India has been our strategic partner ever since we started… The country and its talent have been instrumental in the success of Flyhomes at a global level. Our first engineers were based in India, and are still with the company… As part of the expansion strategy, we are looking to triple the size of our team, and focusing on hiring engineers, product managers, growth hackers, and business intelligence analysts with an entrepreneurial spirit.”
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