CommonFloor.com raises $ 10.4 Million in Series D Funding

CoolAvenues Newswire | January 21,2014 03:53 pm IST

CommonFloor.com a property search, apartment and vendor management company started in 2007 by Sumit Jain, Lalit Mangal and Vikas Malpani has raised $ 104 Million from the existing investors, Tiger Global and Accel Partners.

The company has raised a total of $20 Million till date over 4 rounds of funding.


Commonfloor.com will use the funds for product development, undertake new marketing initiatives and on building on its research expertise.
 

The company has over 75,000 projects listed on its portal and the company has grown by over 100% every quarter in the last year. The company has launched its mobile app for iOS which offers map search etc and has extended its geographic reach to include 18 cities including Jaipur, Chandigarh, Lucknow, Nagpur, Ahmedabad, Mysore etc.

Concluded.

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