Quikr Acquires Commonfloor [+ Some Cheeky Tweets]

The deal values Commonfloor at $200mn and the company will continue to operate as a stand-alone entity. Started 7 years back, Commonfloor last raised $12mn from Google Ventures and has launched multiple products – right from VR to visualized market data using GIS.

Quikr Acquires Commonfloor For $200mn #BigDeal

The deal, from what we know values Commonfloor at $200mn and Commonfloor will continue to operate as a stand-alone entity. Started 7 years back, Commonfloor last raised $12mn from Google Ventures and has launched multiple products – right from VR to visualized market data using GIS.

Commonfloor Quikr Deal Falls Through

One of the reasons cited for the deal to be called off is the equity-cash ratio breakup offered by Quikr. Yesterday, Commonfloor leadership team held a townhall meeting to assure employees that things are fine and that they have enough cash at hand for 15 months runway.

Commonfloor Launches Locality Virtual Tour Across 100 Localities

Property buyer can get 360 degree view or a street view of the location mapped on google maps (along with geo-code) this eliminates the need to visit the location in person which provides buyers a comprehensive perspective of the locality. Commonfloor has mapped 100 localities in Bangalore, Delhi and Mumbai on this feature.

Flatchat Raises $2.5 Million Funding From Commonfloor

Flatchat has crossed 50,000+ users across both Android and iOS platforms, with 80% of the traffic coming from Android. More than 350,000 messages were exchanged on the platform last month and the product has seen a growth of 100% MOM.

CommonFloor Launches 360 Degree Walkthrough For Rent & Resale Properties

The online real estate platform, CommonFloor, has launched ‘Live-in Tours’ with 360-degree virtual tour for the rental and resale realty market in India. The feature allows the user to get a complete perspective of the rental, resale & new properties listed on the website. The company is planning to introduce this feature across 18 major cities by March 2016 and as well as to have five lakh properties listed with Live-in Tours.