Type of business | Privately held company |
---|---|
Founded | 2007 |
Headquarters | Bangalore |
Area served | India |
Founder(s) | Sumit Jain, Lalit Mangal, Vikas Malpani |
CEO | Sumit Jain |
Industry | Real estate |
Products | Residential, CF Groups, CF Retina (Virtual Reality), Live-in Tours |
Employees | 795 (as of June 2015) |
Parent | Quikr |
URL | www |
CommonFloor.com is an Indian real estate portal founded in 2007 by three computer science graduates from IIT Roorkee and JSSATE. [1] On 8 January 2015, CommonFloor received funding from Google Capital. [2] On 7 January 2016, the classifieds advertising platform Quikr announced that they have acquired CommonFloor.com. [3]
The company initially started as an apartment management solution provider and went on to be a real estate platform that combines property search, apartment management, and vendor management. [4]
CommonFloor has raised 4 rounds of funding from three investors. The most recent one being of around $10M [5] from Google Capital, [6] just three months after receiving $30 million funding from Tiger Global.
After 8 years and 4 rounds of funding, CommonFloor is providing property search services in more than 120 cities across India.[ citation needed ] CommonFloor is listed in 33 startups by Tech in Asia. [7]
CommonFloor links neighbors who live in apartments by its CommonFloor Apartment Management System. Many apartments use this service for getting connected to the apartment community. [8] CommonFloor launched its Mobile App for seekers in March 2013 to provide the facility to search properties and also provide facility to list properties. [9] CommonFloor launches National Consumer Sentiment Index a survey of 600 consumers in six metros and 15 tier-two cities across the country in October 2013. [10]
Real estate portal CommonFloor.com launches apartment management offering CommonFloor Groups, which provide apartment communities across the country better communication, management, and coordination amongst residents, owners (residents or non-residential landlords), and Resident Welfare Associations (RWAs). [11]
As of 25 April 2016, CommonFloor ranks as the top 9 startup for India in the StartupRanking. [12]
In June 2015, CommonFloor invested $2.5 million in the seed funding round in Flatchat, an app to find roommates. [13]
In January 2015, CommonFloor acquired Bakfy, an app. [14]
In April 2014, CommonFloor acquired Flat.to, a startup that helps bachelors find a home for rent. [15]
Times Internet is an Indian multinational technology company, headquartered in Gurgaon, India which owns, operates and invests in various internet-led products, services and technology. It is the digital arm of The Times Group, the largest media conglomerate in India. Times Internet currently owns and operates 39+ digital products across news, sports, music, video, trivia, spirituality and a suite of transaction-led market-places across real estate, personal finance, education, jobs, table reservation, agri-business, etc.
Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in Bahrain in 1982, the firm has offices in United States, United Kingdom, Saudi Arabia, Qatar, United Arab Emirates, India, China, Japan, and Singapore. Investcorp's principal client base is in the six countries of the Gulf Cooperation Council, but it also has a growing base of institutional clients in North America, Europe, and Asia.
Bangalore or Bengaluru, the capital city of the South Indian state of Karnataka, India. The economy of Bengaluru contributes over 43.65% to the economy of the State of Karnataka, accounting for 98% of the Software Exports of the State.
Jones Lang LaSalle Incorporated (JLL) is a global real estate services company, founded in the United Kingdom with offices in 80 countries. The company also provides investment management services worldwide, including services to institutional and retail investors, and to high-net-worth individuals, as well as technology products through JLL Technologies, and VC investments via its PropTech fund, JLL Spark. The company is ranked 193 on the Fortune 500.
Quikr is an Indian online marketplace and classified advertising company, based in Bangalore, India. Quikr has listings in over 1000 cities in India and in categories such as mobile phones, household goods, cars, real estate, jobs, services and education. It was founded by Pranay Chulet and Jiby Thomas in 2008.
World One is a 280.2 m (919 ft), 76-floor skyscraper in Mumbai, Maharashtra, India. As of 2024, it is the second tallest completed building in India and the third tallest overall. It is on the 7.1-hectare (17.5-acre) site of the defunct Shrinivas Mill. The site also houses two other towers: World View and World Crest. The complex was developed by the Lodha Group.
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.
500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011.
onefinestay is a British hospitality company founded in 2009. and headquartered in London.
Uniplaces is an online marketplace for booking student accommodation. Based in Lisbon, the platform was founded in 2012 by Miguel Amaro, Mariano Kostelec and Ben Grech. As of October 2015, students from over 140 countries have booked with Uniplaces for a total of more than 500,000 nights.
Freecharge is an Indian financial services company based in Gurgaon. It allows users to pay bills such as electricity, gas and telephone, as well as recharge mobile, broadband, DTH and metro cards.
RadPad was a photo-based mobile application for home and apartment renters. RadPad's assets were acquired by the owners of LandlordStation on December 31, 2016. As of October 2016, renters could no longer pay rent through the app. Pay With RadPad, however, was relaunched under new ownership in March 2017. In March 2014, RadPad was the largest rental service in Los Angeles, and the second-largest rental market in the country. RadPad also offered additional real estate products such as renters insurance, credit reporting, and lease signing. Operations ceased in 2021.
CapitalG Management Company LLC is the independent growth fund under Alphabet Inc. Founded in 2013, it focuses on larger, growth-stage technology companies, and invests for profit rather than strategically for Google. In addition to capital investment, CapitalG's approach includes giving portfolio companies access to Google's people, knowledge, and culture to support the companies' growth and offer them guidance.
Housing.com is a Mumbai-based real estate search portal which allows customers to search for housing based on geography, number of rooms, and various other filters. The company has 6,000 brokers and serves 40 cities in India including Chennai, Mumbai, Bengaluru, Kolkata and Delhi.
Paytm is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida, India. Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment, Soundbox, Android-based-payment terminal, and online payment gateway. In partnership with financial institutions, Paytm also offers financial services such as microcredit and buy now, pay later to its consumers and merchants.
Abu Dhabi Financial Group (ADFG) is a global investment management group, headquartered in Abu Dhabi, UAE.
Compass, Inc. operates a residential real estate brokerage in the United States. It has approximately 29,000 agents, who are generally independent contractors, on its platform.
Stanza Living is the common brand name for Dtwelve Spaces Private Limited. It provides fully-managed shared living accommodations to students and young professionals. Founded by Anindya Dutta and Sandeep Dalmia, the company is present across 23 cities including Delhi, NCR, Bangalore, Visakhapatnam, Hyderabad, Chennai, Coimbatore, Indore, Pune, Baroda, Vijayawada, and Dehradun, Kota in India, with a capacity of 70,000 beds. Stanza Living is a technology-enabled housing concept which provides fully-furnished residences with amenities like meals, internet, laundry services, housekeeping, security and community engagement programmes. The company has an asset-light business model under which it engages in long-term lease agreements with property owners/developers, who convert their assets into shared living residences as per company guidelines. These assets are subsequently operated by Stanza Living.
Info Edge is an Indian technology holding company which owns, operates and invests in internet-led businesses. The company's offerings include the flagship employment website Naukri.com, matrimonial website Jeevansathi.com, real estate classifieds platform 99Acres.com, and educational portal Shiksha.com, among others. As of 2018, more than 70 percent of the company's revenue came from Naukri.com.
NoBroker is a Bangalore-based brokerage-free proptech company that provides all sorts of real estate services under a marketplace, which includes buying, renting, packers & movers, and home services.