CommonFloor.com Bags Investment From Google Capital

Real estate website CommonFloor.com has obtained more funds from Google Capital. It has not revealed the actual amount invested. However, media reports suggest that the figure could be $15 million.

“This will further fuel our vision to empower people to realise their property dreams. We continue to exhibit industry leading growth; the money raised will be strategically invested in making the platform more robust to enable the buyers and sellers to find their match faster,” said Sumit Jain, CEO and co-founder of CommonFloor.com.

“They (Google Capital) strongly believe that we will change the real estate space in the country. We look forward to their technical and operational expertise to scale up our business,” he added.

Accel Partners and Tiger Global had also earlier pumped in about $50 million into the company. Some of its major investments are: SurveyMonkey, Lending Club, Credit Karma and Freshdesk.