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Housing.com Domain & A Fancy Number sells for $1 Million - Rs 6 crores..

Discuss Housing.com Domain & A Fancy Number sells for $1 Million - Rs 6 crores.. within the General Talks forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Housing.com Domain & A Fancy Number sells for $1 Mn. The acquisition is done by Housing.co.in , an indian startup ...

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Housing.com Domain & A Fancy Number sells for $1 Million - Rs 6 crores..
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Anjali Khurana
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Housing.com Domain & A Fancy Number sells for $1 Million - Rs 6 crores.. - September 26th, 2013

Housing.com Domain & A Fancy Number sells for $1 Mn.

The acquisition is done by Housing.co.in , an indian startup in the real estate space which plans to scale up and go global with the coveted .com and fancy number.

I think the funds are well spent and makes for a great branding exercise and case study.

The biggest domain deal this year was IG.com that sold for $ 4.7 mn. The second biggest domain sale this year so far is 114.com for $ 2.1 mn.

Housing.com for $ 1 million will take the 3rd spot on this year to date list of biggest domain name sales for 2013.

Do you think it was wise for the company to spend 1/3rd of their last funding round in "just a domain name" ?
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