Thursday, July 14, 2011

GrOffr, a Real Estate Group Buying Portal, Raises $1M From Indian Angel Network

GrOffr.com, a real estate group buying portal, offers deals in Mumbai, Pune, Bangalore, Hyderabad, Chennai, Kochi and Nagpur


GrOffr.com offers time bound group offers in categories such as automobiles, real estate, electronics and others.

The company offers a free membership to individual buyers as well as corporate buyers. It claims to have assisted over 100 customers buy gross assets valued at over Rs. 120 crore since its launch, providing them with savings of over Rs. 20 crore.

GrOffr has also announced the launch of GrOffr Associate Programme (GAP) – a business expansion tool that allows customers and real estate agents to negotiate deals with the real estate developers by leveraging their relationships or the deal size, and join the GrOffr.com platform to look for a group of buyers. The GAP members will also be able to earn a part of profit on closures. (Read More)

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