Tuesday 24 November 2015

HeyPillow raises $3 million from Hampton Capital

Speaking on the development, Stan Dong, Co-Founder, said, “India was our first choice for the market’s sheer potential. The country’s real-estate market is set to grow at 30 per cent over the next decade, reaching US $180 billion by 2020, while the housing finance market sits at US $9.7 trillion. This potential also points to the need for a full-cycle real estate experience.”
HeyPillow was co-founded in 2014 by San Fransisco-based Stan Dong, formerly a research scientist at Stanford University in California.With over 15,000 commercial and residential listings, HeyPillow is currently available in Bangalore, Pune, Mumbai and Delhi-NCR.
“We don’t just list residential and commercial properties, but are also a marketplace for home loans and mortgages. HeyPillow also provide tools like mortgage calculators, and useful guides on real-estate purchase and market trend analysis. Another aspect that sets us apart is our desire to grow a community of brokers. While other niche platforms may trade on their exclusion of this audience, we wanted to be the preferred platform for an engaged broker community to build and grow their business,” added Stan.