Startup Atlas · Classifieds

CommonFloor Acquired

maxHeap Technologies Pvt. Ltd. ● Bangalore ● Founded 2007 ● commonfloor.com ↗

Sumit Jain · Co-founder & CEO Lalit Mangal · Co-founder Vikas Malpani · Co-founder

$47.9 MnTotal funding (tracked)

5Funding rounds

8 Jan 2015Last round

795Team size (sourced)

CommonFloor: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Property search across 120+ Indian cities

Real estate listings search covering more than 120 cities in India.

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Apartment community management (CommonFloor Groups)

A tool for apartment communities to coordinate and manage residents.

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Customer Segments

Apartment community residents

CommonFloor Groups connected neighbours within residential apartment communities for coordination and management.

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Property seekers, buyers & renters

Individuals searching for property to buy, sell or rent used CommonFloor's listings search.

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Local service vendors

Vendors such as architects, plumbers and carpenters used the platform to reach homeowners.

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Customer Relationships

Self-service virtual property tours (360 Live-in Tours)

CommonFloor let property seekers explore listings remotely through immersive 360-degree virtual tours rather than requiring an in-person agent visit.

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Direct email support

Users could reach CommonFloor's team directly by email to give feedback or seek support.

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Channels

Television & print advertising

The bulk of marketing spend went to television and print.

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Social media (Facebook, Twitter, Instagram)

Used to reach target clients digitally.

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Key Activities

Acquired Flat.to (2014) to expand into rental listingsAcquired Apr 2014

CommonFloor grew via acquisition, buying Flat.to, a startup focused on helping bachelors find rental homes, in April 2014.

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Acquired Bakfy (2015)Acquired Jan 2015

CommonFloor continued an acquisition-led growth strategy, acquiring the Bakfy app in January 2015.

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Proprietary market research (National Consumer Sentiment Index)600 consumers surveyed

CommonFloor ran its own real estate sentiment survey across metro and tier-two cities to generate market insight and content.

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Operating the Apartment Management System

A core ongoing activity was running the software system that links and coordinates neighbours within residential communities.

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Key Resources

Large-scale property listings & community database500,000 active listings

CommonFloor's core resource was its proprietary database of active property listings and registered residential communities across India.

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Mobile app for property search & listingLaunched Mar 2013

A dedicated mobile app, launched in March 2013, let both property seekers and owners search and list properties on the go.

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Team of ~795 employees795 employees (Jun 2015)

CommonFloor's workforce, reported at 795 employees as of June 2015, was a key human resource behind its listings, technology, and sales operations.

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Key Partnerships

Accel Partners — earliest investor (2009)Investor since 2009

Accel Partners was CommonFloor's first institutional backer, investing in 2009 and continuing to participate in later funding rounds.

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Tiger Global Management — lead investor$30M Series E

Tiger Global led CommonFloor's Series D ($10.4M) and Series E ($30M) funding rounds, alongside existing investor Accel Partners.

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Google Capital — investorJan 2015

Google Capital, Google's growth equity fund, invested in CommonFloor in January 2015.

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Quikr — acquirer (2016)Acquired Jan 2016

Classifieds platform Quikr announced its acquisition of CommonFloor in January 2016, bringing it into Quikr's real estate business.

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Revenue Streams

Apartment Management Software (B2B subscription)

Free for individual users; businesses were charged for the Apartment Management Software.

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Advertising & vendor listings

Revenue from real estate/banking advertisers and vendor listings on the platform.

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Cost Structure

No cited public information yet.

FAQs on CommonFloor

What is CommonFloor's business model?

CommonFloor's core value proposition centers on Property search across 120+ Indian cities, Apartment community management (CommonFloor Groups).

How does CommonFloor make money?

CommonFloor's cited revenue streams include Apartment Management Software (B2B subscription), Advertising & vendor listings.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com techcrunch.com · Last verified 26 Aug 2026. · Report a correction