CommonFloor.com secures $30 million from Tiger Global
Hotline: 1800 102 2007
X
Search Business Opportunities
2014-09-25

CommonFloor.com secures $30 million from Tiger Global

This round of funding comes within months after it raised Rs 64 crore in last round from Tiger Global and Accel India.

CommonFloor.com, the Real Estate portal has received another funding of $30 million in a new round raised from their existing investor, Tiger Global. This round of funding comes within months after it raised Rs 64 crore in last round from Tiger Global and Accel India.

 

Commenting on the funding, Sumit Jain, Co- founder and CEO of CommonFloor.com said, “We empower people to realize their property dreams. This investment will support the team’s vision to think out of the box, innovate and lead the online real-estate sector in its journey to further enhance user experience. We have more than doubled our revenues and traffic and the funding will further accelerate our growth plans. This round of funding will be used to invest further in our product and technology that will enhance customer experience. The company will continue to strategically scale-up its marketing and operations across the 18 cities where it’s currently present and expand to 22 new markets in India.”

 

"India's online Real Estate sector has been expanding rapidly as Internet access grows, especially through mobile. CommonFloor.com has carefully mapped the needs of the online-based real estate ecosystem and has forged a clear path toward future growth. We are pleased to continue to partner with them” said Lee Fixel, Partner at Tiger Global Management.

Related opportunities
  • Clinics & Nursing Homes
    About Us: Our practice is built on the belief that every..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Casual dine Restaurants
    About Us: BiryaniArt is one the fastest growing speciality restaurant brands,..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Other Vocational Training
    About: Hi - Tech Animation is a ISO 9001:2008 certified organization..
    Locations looking for expansion Delhi
    Establishment year 2011
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About:Baba Da Dhaba is a brand that serves lip-smacking North..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required 350 - 12 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts