"Series B funding of USD 10 million received from Sequoia Capital and Kalaari Capital," Grabhouse.Com said in a statement.
"This latest round of funding adds to Grabhouse's initial Series A of USD 2 million raised from Sequoia Capital and Kalaari Capital back in November, 2014," it added.
Bengaluru-based Grabhouse is a two-year-old start-up aimed at using technology to resolve rental issues.
The company plans to focus on three key growth areas - strengthening presence in existing 11 cities, building technology capability and launch of new verticals.
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Sequoia Capital's G V Ravishankar said, "We believe the rentals market is a large and relatively under serviced market. The Grabhouse marketplace model connecting seekers directly to house owners and allowing them to transact without a broker is a superior and more efficient solution."
"Grabhouse, through a combination of technology and smart analytics, is addressing that need," Kola said.
Grabhouse would soon launch a new line of offering in the PG and apartment category, and will be looking to increase its team size and invest in relevant spaces, the statement said.
Grabhouse CMO & Co-Founder, Pankhuri Shrivastava said, "Our business is about bringing the right owner and seeker together, there is a science behind house hunting or renting.
"Our key differentiator has been and will always be our technology-lead approach targeted towards making this online experience hassle-free".