>Wbm1058 at 13:25, 7 July 2021

2021-07-07T13:25:31Z

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{{Use dmy dates|date=June 2018}}
{{Use Indian English|date=June 2018}}
{{Infobox dot-com company
| name = CommonFloor
| logo = Commonfloor.png
| logo_caption = The Online Realstate Portal
| company_type = [[Privately held company]]
| traded_as =
| foundation = 2007
| dissolved =
| location = [[Bangalore]]
| locations =
| incorporated =
| area_served = [[India]]
| founder = [[Sumit Jain]], Lalit Mangal, Vikas Malpani
| chairman =
| chairperson =
| president =
| CEO = [[Sumit Jain]]
| MD =
| GM =
| key_people =
| industry = [[Real estate]]
| products = [[Residential]], CF Groups, CF Retina (Virtual Reality), Live-in Tours
| services =
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| owner =
| num_employees = 795 (as of June 2015)
| title =
| parent = maxHeap Technologies
| divisions =
| subsid =
| url = {{URL|www.commonfloor.com}}
| website_type =
| advertising =
| registration =
| num_users =
| language =
| launch_date =
| current_status =
| screenshot =
| caption =
| footnotes =
| intl =
}}
'''CommonFloor.com''' is an Indian real estate portal founded in 2007 by three computer science graduates from [[IIT Roorkee]] and [[JSSATE]].<ref>{{cite news|work=Success Stories|url=http://www.successstories.co.in/vikas-malpani-sumit-jain-and-lalit-mangal-founders-of-commonfloor-indias-largest-residential-community-portal/|title=Vikas Malpani, Sumit Jain and Lalit Mangal: Founders of CommonFloor, India's Largest Residential Community Portal}}</ref> On 8 January 2015, CommonFloor received funding from [[Google Capital]].<ref>{{cite news|work=Thomson Reuters|url=http://in.reuters.com/article/google-capital-commonfloor-india-idINKBN0KH0YM20150108|title=Google Capital invests in Indian property website Commonfloor}}</ref> On 7 January 2016, the classifieds advertising platform [[Quikr]] announced that they have acquired CommonFloor.com.<ref>{{Cite web|url = https://blog.commonfloor.com/quikrhomes-merges-with-commonfloor|title = Quikr merges CommonFloor.com with its real estate vertical QuikrHomes|publisher = Commonfloor Blog}}</ref>

{{TOC limit|2}}

==History==
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.<ref>{{cite news|work=Property Portal Watch|url=http://www.propertyportalwatch.com/2013/05/commonfloor-fastest-growing-portal-in-india/|title=CommonFloor Fastest Growing Portal in India|access-date=7 February 2015|archive-url=https://web.archive.org/web/20150518023534/http://www.propertyportalwatch.com/2013/05/commonfloor-fastest-growing-portal-in-india|archive-date=18 May 2015|url-status=dead}}</ref>

CommonFloor has raised 4 rounds of funding from three investors. The most recent one being of around $10M<ref>{{cite news|work=Hindustan Times|url=http://www.hindustantimes.com/business-news/google-capital-invests-in-commonfloor-com/article1-1304808.aspx|title=Google Capital Invests in CommonFloor.com}}</ref> from Google Capital,<ref>{{cite news|work=Economic Times|url=http://articles.economictimes.indiatimes.com/2015-01-08/news/57838246_1_commonfloor-google-capital-lalit-mangal|title=Google Capital Backs Online Real Estate Portal CommonFloor}}</ref> 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|date=November 2015}} CommonFloor is listed in 33 startups by ''Tech in Asia''.<ref>{{cite news|work=Techinasia|url=https://www.techinasia.com/33-asia-startups-list-7-july-2013/|title=33 Startups in Asia That Caught Our Eye}}</ref>

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.<ref>{{cite news|work=Outlook Business |url=http://www.outlookbusiness.com/article_v3.aspx?artid=266801/|title=Link Thy Neighbour}}</ref> CommonFloor launched its Mobile App for seekers in March 2013 to provide the facility to search properties and also provide facility to list properties.<ref>{{cite news|work=Property Portal Watch|url=http://www.propertyportalwatch.com/2013/03/commonfloor-launches-mobile-app/|title=CommonFloor Launches Mobile App|access-date=6 February 2015|archive-url=https://web.archive.org/web/20130308111239/http://www.propertyportalwatch.com/2013/03/commonfloor-launches-mobile-app/|archive-date=8 March 2013|url-status=dead}}</ref> 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.<ref>{{cite news|work=The Hindu|url=http://www.thehindu.com/todays-paper/tp-features/tp-propertyplus/good-year-to-buy-a-flat/article5249405.ece|title=Good Year to Buy a Flat?}}</ref>

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).<ref>{{cite news|work=techcircle.in|url=http://techcircle.vccircle.com/2014/04/14/real-estate-portal-commonfloor-com-launches-apartment-management-offering-commonfloor-groups-whats-on-offer/|title=Real Estate Portal CommonFloor.com Launches Apartment Management CommonFloor Groups, What's on Offer?}}</ref>

As of 25 April 2016, CommonFloor ranks as the top 9 startup for India in the StartupRanking.<ref>{{Cite web|url=http://www.startupranking.com/top/india|title=India Top Startups – Freshdesk, Zomato, Jabong India {{!}} Startup Ranking|website=StartupRanking|access-date=2016-04-25}}</ref>

== Acquisitions ==
In June 2015, CommonFloor invested $2.5 million in the seed funding round in '''Flatchat''', an app to find roommates.<ref>{{Cite web|title = Roommate App Flatchat Gets $2.5M From CommonFloor, One Of India’s Largest Real Estate Portals|url = https://techcrunch.com/2015/06/30/flatchat/|website = TechCrunch|accessdate = 2015-12-06|first = Catherine|last = Shu}}</ref>

In January 2015, CommonFloor acquired '''Bakfy''', an app.<ref>{{Cite web|title = CommonFloor buys Bengaluru startup Bakfy – The Times of India|url = http://timesofindia.indiatimes.com/business/india-business/CommonFloor-buys-Bengaluru-startup-Bakfy/articleshow/45786392.cms|website = The Times of India|accessdate = 2015-12-06}}</ref>

In April 2014, CommonFloor acquired '''Flat.to''', a startup that helps bachelors find a home for rent.<ref>{{cite news|work=India Economic Times|url=http://economictimes.indiatimes.com/tech/internet/commonfloor-com-acquires-flat-to/articleshow/34077586.cms|title=CommonFloor.com Acquires Flat.to}}</ref>

==External links==
* {{Official website|https://www.commonfloor.com/}}

==References==
{{Reflist}}

[[Category:Indian real estate websites]]
[[Category:Indian companies established in 2007]]
[[Category:Companies based in Bangalore]]
[[Category:Online financial services companies of India]]
[[Category:2007 establishments in Karnataka]]

Commonfloor - Revision history

>Wbm1058 at 13:25, 7 July 2021