Flatchat Raises $2.5 Million from Commonfloor
Summary
This segment has a good growth potential and Flatchat’s unique and technology centric operating model is a differentiating factor which seamlessly connects seekers and owners on a real time basis on a chat based platform.” Flatchat has crossed 50,000+ users across both Android and iOS platforms, with 80% of the traffic coming from Android.Founded six months back by Gaurav Munjal and Hemesh Singh, Flatchat enables easy and quick chatting connectivity between a seeker, a prospective owner, a tenant to potential flatmates and other seekers.With the raised capital Flatchat is aiming to make its product team stronger by hiring the best product and engineering talent.The fund will also be used to scale up operations and establishing foothold across the country especially in the cities which have a higher population of students and bachelors.Commenting on the big leap by the company, Gaurav Munjal, CEO, Flatchat says, “The rentals problem especially for bachelors and students is a tricky one, and we always believed that the best way to solve the problem is not with having more listings or a better UI but a behaviour change in the way owners and seekers communicate, real-time.CommonFloor.com has been funded by Accel Partners, Tiger Global and Google Capital.To know more about CommonFloor.com, please visit: http://www.commonfloor.com/About FlatchatFlatchat connects potential flatmates, prospective owners and seekers to group together by providing matches based on location and requirement.Download Flatchat at http://flatchat.com Contact Information Commonfloor.com Moupia Chatterjee 9620566614 http://www.commonfloor.com 4th floor, Tower B, Diamond District Domlur, Bangalore - 560008 Click here to view the list of recent Press Releases from Commonfloor.com Promote Your Business Press Release Pricing Email this page to a friend