| Business Basics |
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| Company Name |
Property Jungle |
| Founded in |
2008 |
| Headquartered in |
Mumbai |
| Company website/URL |
http://www.propertyjungle.in |
| Industry |
IT/ Internet/ Software |
| Stage of the company |
Just starting |
| Source of idea |
Systematic search for business opportunity |
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| Business description |
Property Jungle is an innovative search engine for the Indian real-estate market. It enables users to search and post properties interactively using Google Maps. Posting properties is absolutely free.
Advertisers like builders, banks, architects etc. can non-intrusively display their classifieds based on the location of the user search. This ena...> Read more.. |
Property Jungle is an innovative search engine for the Indian real-estate market. It enables users to search and post properties interactively using Google Maps. Posting properties is absolutely free.
Advertisers like builders, banks, architects etc. can non-intrusively display their classifieds based on the location of the user search. This enables them to address the right audience and hence increase their visibility. Payment gateway (ecommerce) is integrated for advertisers who can put in their classified details using simple forms, pay up instantly and have their classifieds up and running. Property Jungle aims to be a one-stop property portal.
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| How does the business make money? |
| Charging for advertisements. (posting property not included)
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| Team information |
| N.A. |
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| Competition |
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| Competitors |
Makaan.com, magicbricks.com, 99acres.com
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| How different is your product or service? It has... |
Substitutes that differ in function |
| In what way is your product or service different? |
Map based search functionality helps to find properties quickly
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| By The Numbers |
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2006 |
2007 |
| No. of employees |
Did not exist |
0-5 |
| No. of locations |
Did not exist |
0-1 |
| No. of customers |
Did not exist |
2-5 |
| Turnover |
Did not exist |
pre revenue |
| Profits |
Did not exist |
preprofit |
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| Primary source of initial funding |
Personal savings |
| Primary source of additional funding |
Personal savings |
| Raised institutional capital? |
No |
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| Why is this startup hot? |
Property Jungle is an interactive and innovative real estate web-application. Attention span of users on the internet is very low. Hence the need for locating property quickly is of prime importance. Property Jungle's core operations of searching and posting properties are built on top of Google Maps.
Properties which lie within the users current...> Read more.. |
Property Jungle is an interactive and innovative real estate web-application. Attention span of users on the internet is very low. Hence the need for locating property quickly is of prime importance. Property Jungle's core operations of searching and posting properties are built on top of Google Maps.
Properties which lie within the users current map boundary are displayed. For e.g. if a user selects 'Mumbai' and zooms to 'Sion' area, properties located within that map boundary are displayed. It increases the user's probability to quickly find a property of choice. The gist of its uniqueness can be summed using the famous adage - 'A picture speaks a thousand words'. Classifieds are non-cluttered and are displayed based on location of the user search. This gives better exposure to the advertisers. A simple and clean user interface helps in the overall experience.
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| What keeps the team awake at night? |
Many questions keep us up with our thinking caps on! They include:
- Formulating ways to increase the user base using marketing strategies.
- Looking out ways to get funding for driving these marketing strategies.
- How to develop Property Jungle as a brand?
- Finding strategic partner(s) to further drive and scale the business.
- Improving the overall user experience. It includes things like ways to create value-added features, improving user interface, making the application faster, ways to communicate better with users, etc. |
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