New Delhi: Real estate portal PropTiger.com, backed by Rupert Murdoch-controlled News Corp., Thursday said it has acquired virtual and augmented reality start-up 3DPhy. The Gurgaon-based 3DPhy offers 360-degree virtual walk-throughs and enables builders and brokers to showcase multiple properties over phones, laptops, tablets or head-mounted devices. With this acquisition, PropTiger aims to enhance its visual marketing solutions for developers, it said in a statement. Following the acquisition, the team of 12 people of 3DPhy will join PropTiger. Besides News Corp, it is funded by SAIF Partners, Accel Partners and Horizen Ventures.

Source: Mint August 11, 2016 17:15 UTC