{{Short description|Indian real estate portal founded in 2007}} {{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,<br />Lalit Mangal,<br />Vikas Malpani | chairman = | chairperson = | president = | CEO = Sumit Jain | MD = | GM = | key_people = | industry = Real estate | products = Residential,<br />CF Groups,<br />CF Retina (Virtual Reality),<br />Live-in Tours | services = | revenue = | operating_income = | net_income = | assets = | equity = | owner = | num_employees = 795 (as of June 2015) | title = | parent = Quikr | 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|archive-url=https://web.archive.org/web/20151220032825/http://in.reuters.com/article/google-capital-commonfloor-india-idINKBN0KH0YM20150108|url-status=dead|archive-date=20 December 2015|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|access-date = 8 January 2016|archive-date = 4 March 2016|archive-url = https://web.archive.org/web/20160304122402/https://blog.commonfloor.com/quikrhomes-merges-with-commonfloor|url-status = dead}}</ref>
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==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|archive-url=https://web.archive.org/web/20150110014800/http://www.hindustantimes.com/business-news/google-capital-invests-in-commonfloor-com/article1-1304808.aspx|url-status=dead|archive-date=10 January 2015|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|archive-url=https://archive.today/20150227050752/http://articles.economictimes.indiatimes.com/2015-01-08/news/57838246_1_commonfloor-google-capital-lalit-mangal|url-status=dead|archive-date=27 February 2015|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 Bengaluru Category:Online financial services companies of India Category:2007 establishments in Karnataka