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COMMONFLOOR
Unacademy’s test prep CEO Sumit Jain quits ahead of upGrad acquisitionSumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 20...- Buyers waiting for price correction, discounts to buy homesAccording to two independent surveys conducted by property portals Commonfloor and Nobroker, a significant number of prospective buyers are...
- Commonfloor cofounder Sumit Jain launches voice-based social appThe founders have been working on the new startup for about a year and launched the app for the public in July last year.
- CommonFloor founders quit a year after Quikr acquisitionFounded by Sumit Jain, Vikas Malpani and Lalit Mangal in 2007, CommonFloor has over the past year seen a series of employee layoffs.
- Quikr shuts down office of rental roommate-finding application FlatchatMajority of the people have quit the firm. Reportedly, Quikr did not give severance package but just a month's notice before the move.
- Quikr merger: CommonFloor sees job cuts, over 150 asked to leaveCommonFloor had 1,000 employees around the time of the merger, while Quikr had 350 employees in its real estate division and its total empl...
- How recent layoffs at technology startups have proved a blessing for younger companiesThe exits, triggered by shutdowns, acquisitions or cost cuts, have created a pool of top-notch talent for younger companies to pick from.
- Quikr buys CommonFloor four months after launching QuikrHomesThe deal was structured as a majority stock swap and values CommonFloor at around $120 million. Quikr said it will continue to operate both...
- Quikr may buy a majority stake in realty portal CommonFloor for Rs 330 croreQuikr is close to acquiring a majority stake in realty portal CommonFloor with the pay-out estimated to be worth about Rs 330 crore.
- Quikr-Commonfloor deal: Merged realty entity may raise up to $150 millionEarlier this year, CommonFloor had raised about $10 million from Google Capital. A few months before that it had raised $30 million from Ti...
- Quikr turns unicorn with $1.5 billion valuation as Tiger Global expected to put fresh capitalIndian tech startups valued at $1 billion or more in clude the likes of e-commer ce biggies Flipkart and Snapdeal, taxi aggregator Ola.
- Rentals stagnate across major cities as people move to affordable locationsAs per CommonFloor data, rentals across major residential hubs in Bengaluru like Marathahalli went up slightly to Rs 19 per sqft from Rs 17...
- Flatmate matching app Flatchat raises $2.5 million from CommonFloorFounded by Gaurav Munjal and Hemesh Singh in Bengaluru, Flatchat has been associated with CommonFloor from its inception and is now availab...
- Real estate portal CommonFloor starts virtual tours for resale, rentingRealty portal CommonFloor has launched virtual tours for resale and rental property listings, seeking to provide home seekers a 360-degree ...
- Google Capital backs online real estate portal CommonFloorThe investment in CommonFloor marks Google Capital’s third investment in Asia; it earlier funded Chennai-based enterprise software maker Fr...
- CommonFloor acquires college gossip app BakfyCommonFloor chief executive Sumit Jain confirmed the deal, which is a mix of cash and equity, but declined to reveal the purchase price.
- Property portal CommonFloor raises $30 millionSumit Jain, cofounder and chief executive officer of CommonFloor, confirmed the investment. "We will invest in technology, product developm...
- Real estate site CommonFloor acquires student focused accommodation site Flat.toReal-estate portal CommonFloor has acquired Flat.to, a site that helps students and bachelors find accommodation.
- CommonFloor.com launches commonfloor groupsThe new version will offer better communication, management and coordination amongst residents, owners and Resident Welfare Associations.
- CommonFloor raises Rs 64 crore from Tiger Global and Accel PartnersLast July, the Bangalore-based company had raised about $7.5 million (over Rs 45 crore) from the same investors.
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