Locon Solutions, the company that runs India's Housing.com property portal, is set to receive a 90 million round from SoftBank.
According to Tech Crunch, the Japanese telecom giant led the round in the property search company, with additional participation from Falcon Edge and other undisclosed investors.
This would be SoftBanks' fourth investment in India this year.
Housing.com has raised up to 121 million dollars in investor money over the past two years.
SoftBank announced that it was now the company's largest shareholder, but refrained from revealing the size of its investment/stake or Housing.com's post-money valuation, the report said.