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Elara Technologies raised $70m from REA

Nabanita Dutta
News Editor
Image Credit: shortpedia

The US-based News corp and its Australian group firm REA has recently invested $70 million in Elara Technologies. With this fresh funding, Elara Technologies has raised $175 million from its investors. Elara is growing at a rate of 50% year-on-year in January 2017, Elara acquired Housing.com, that is a classified platform for developers, brokers and homeowners. It also acquired the rental brokerage platform FastFox.com.


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