CommonFloor.com Raises $30 Million Funding from Existing Investor Tiger Global
Summary
Bangalore, India, September 27, 2014 --( Commenting on the Funding, Sumit Jain, Co- founder and CEO of CommonFloor.com said, “We empower people to realize their property dreams.CommonFloor has also expanded its geographic footprint with new offices in 11 cities – Jaipur, Chandigarh, Lucknow, Nagpur, Indore, Ahmedabad, Kochi, Coimbatore, Mysore, Kolkata, Mangalore.With more than 2,00,000 users visiting the portal every day, CommonFloor.com has witnessed a 100% increase in traffic, 125% jump in live listings and added over 25,000 communities in the last two quarters.The website also gets more than 25% traffic on its site via mobile app, and in the coming months it is poised for tremendous growth.Commenting on the Funding, Sumit Jain, Co- founder and CEO of CommonFloor.com said, “We empower people to realize their property dreams.CommonFloor has also expanded its geographic footprint with new offices in 11 cities – Jaipur, Chandigarh, Lucknow, Nagpur, Indore, Ahmedabad, Kochi, Coimbatore, Mysore, Kolkata, Mangalore.